The market capitalisation of Montenegro stock exchange dropped by 3.9% y/y to EUR 2.78bn in October, according to data published on the website of the exchange. The MONEX20 index closed the month at 9,357.61, plunging by 12.4% compared to October 2011. The MONEX PIF index dropped by 7.24% in a month but lost 25.06% of its value in a year. The turnover on the stock exchange at the same time went down by 10.6% y/y to EUR 3.2mn in October. |
Montenegro's government said it decided on Thursday, March 21, to reduce to EUR 220mn from EUR 250mn the amount it plans to borrow this year for financing its budget spending and servicing ... more
Montenegro's budget revenue increased by 11.5% y/y to EUR 195mn in the period from January 1 to March 20 due to higher profit tax, social contributions and VAT inflows, news service ... more
Mobile phone penetration in Montenegro dropped to 155.5% at the end of February 2013, from 159.81% at end-Dec 2012 and 163.66% a year earlier, the latest figures of the telecommunications agency ... more