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Montenegro stock indices edge up in lower turnover

Author Radomir Ralev
Montenegro stock indices edge up in lower turnover Source: Pixabay

PODGORICA (Montenegro), August 4 (SeeNews) - None of the blue-chips on the Montenegrin stock exchange saw its share price grow in July, as stock indices edged up, bourse data indicated.

The blue-chip index of the Montenegro Stock Exchange, MNSE10, closed up 0.56% in July at 811.12 points.

The benchmark MONEX index, which tracks the 20 most representative shares on the Montenegro Stock Exchange, went up 0.54% in July and closed at 11,158.19 points.

Crnogorski Telekom [MNG:TECG] paced the blue-chip decliners in July, as its share price fell 6.48% on the month to 1.34 euro. A total of 102,044 of the company's shares changed hands, generating a turnover of 136,843 euro.

The bourse's total turnover fell in July to 253,254 euro ($258,190) from 3.3 million euro a month earlier.

A total of 67 transactions were concluded on the bourse in Podgorica in July, versus 114 in June. Stock market capitalisation was 3.287 billion euro at the end of July, up from 3.281 billion euro a month earlier.

($ = 0.98087 euro)

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