Equity market capitalisation of Macedonian bourse up by 1.9% m/m in Mar 2011.

By bne IntelliNews April 5, 2011
The market capitalisation of equities traded on the Macedonian Stock Exchange (MSE) increased by 1.91% m/m to MKD 135.15bn (EUR 2.20bn) at end-March, reversing a 2.15% m/m drop at end-February, according to data published by MSE. The market capitalisation of debt instruments rose by 0.3% m/m to MKD 12.68bn at the end of last month. The equity indices MBI10 and MBID both dropped in March, by 0.27% and 0.81% respectively. The MSE's turnover dropped by 67.34% m/m to MKD 470.7mn in March. However, this was largely due to the MKD 927.5mn public offering of Komercijalna Banka, which took place in February, while there were not public offerings in March. In addition, the block transactions' turnover also decreased m/m in March, by 67.75% to MKD 98.8mn. On the other hand, the turnover of the classical trading rose by 45.93% m/m to MKD 302.6mn in March. Overall, the number of transactions rose by 8.82% m/m to 2,332 last month. In March, foreign investors participated in 25.13% of the total turnover as buyers and in 15.2% of the total turnover as sellers.

Related Articles

Macedonias 2013 tobacco crop expected to exceed 30,000 tonnes.

Macedonias tobacco crop is expected to increase by 20% to over 30,000 tonnes in 2013, Utrinski vesnik daily reported quoting Danco Mileski, president of the countrys tobacco association. The ... more

Macedonia cancels tender for gas distribution network feasibility study.

The transport ministry has cancelled the tender for preparing a feasibility study for developing the countrys natural gas distribution network, build.mk portal reported. Reportedly, two bids were ... more

Komercijalna Banka wins Global Finance award Best Bank in Macedonia for 2013.

Large-sized commercial bank Komercijalna Banka announced that it has won the award Best Bank in Macedonia for 2013 by the magazine Global Finance. The Macedonian bank wins the award for a 10th ... more

Register here to continue reading this article and 2 more for free or purchase 12 months full website access including the bne Magazine for just $119/year.

Already a subscriber or registered - click here to recover access.

If you a IntelliNews Pro user - click here to login.

Thank you. Please complete your registration by confirming your email address.
A confirmation email has been sent to the email address you provided.

To continue viewing our content you need to complete the registration process.

Please look for an email that was sent to with the subject line "Confirmation bne IntelliNews access". This email will have instructions on how to complete registration process. Please check in your "Junk" folder in case this communication was misdirected in your email system.

Already a subscriber or registered - click here to recover access.

If you a IntelliNews Pro user - click here to login.

If you have any questions please contact us at sales@intellinews.com

Subscribe to bne IntelliNews website and magazine

Subscribe to bne IntelliNews website and monthly magazine, the leading source of business, economic and financial news and commentary in emerging markets.

Your subscription includes:

Already a subscriber or registered - click here to recover access.

If you a IntelliNews Pro user - click here to login.

bne IntelliNews
$119 per year

All prices are in US dollars net of applicable taxes.

If you have any questions please contact us at sales@intellinews.com

Notice: Undefined index: subject_id in /var/www/html/application/controllers/IndexController.php on line 296
Dismiss