Skopje bourse's benchmark index rises in Oct amid lower turnover

Turnover totalled 321 million denars ($5.6 million/5.2 million euro) in October, down 44.34% month-on-month, while turnover on the bourse's electronic system of trading (BEST) went down 31.80% to 207.3 million denars, the MSE said in a statement on Monday.

The number of transactions fell 1.98% month-on-month to 992 in October.

The MSE's market capitalisation totalled 227.7 billion denars at the end of October, up 1.09% month-on-month and 7.8% higher on an annual comparison basis.

Komercijalna Banka [MSE:KMB] was the most liquid share on the bourse in October, accounting for 91.1 million denars of the total turnover. The lender's shares traded at an average price of 13,005 denars on October's last trading day, up 4.12% compared with the last average price in the previous month.

The MBI10 stood at 5,655.25 points at the end of October 2022. In October 2022, trading turnover on the MSE totalled 915.2 million denars, earlier bourse data showed.

(1 euro = 61.48 denars)