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Sveti Stefan Hoteli leads Montenegro blue-chip gainers in November

Author Radomir Ralev
Sveti Stefan Hoteli leads Montenegro blue-chip gainers in November Source: Pixabay

PODGORICA (Montenegro), December 1 (SeeNews) - Montenegrin hotel operator Sveti Stefan Hoteli [MNG:SSHO] led the blue-chip gainers on the Montenegrin stock exchange in November, as stock indices ended down, bourse data indicated.

The blue-chip index of the Montenegro Stock Exchange, MNSE10, closed down 1.75% in November at 763.59 points.

The benchmark MONEX index, which tracks the 20 most representative shares on the Montenegro Stock Exchange, went down 6.06% in November and closed at 10,563.62 points.

A total of 3,280 of Sveti Stefan Hoteli's shares changed hands in turnover of 9,911 euro in November. Sveti Stefan Hoteli won 3.33% to 3.0216 euro.

Crnogorski Telekom [MNG:TECG] paced the blue-chip decliners in November, as its share price fell 2.90% on the month to 1.1465 euro. A total of 35,390 of the company's shares changed hands, generating a turnover of 40,574 euro.

The bourse's total turnover rose in November to 5.891 million euro ($6.669 million) from 5.814 euro a month earlier.

A total of 124 transactions were concluded on the bourse in Podgorica in November, versus 118 in October. Stock market capitalisation was 3.136 billion euro at the end of November, down from 3.207 billion euro a month earlier.

($ = 0.85873 euro)