Montenegro's bourse turnover more than doubles in Jan 2013.

By bne IntelliNews March 11, 2013
In February 2013, turnover at the Montenegro Stock Exchange (MSE) more than doubled y/y to EUR 1.1mn, following a 97% annual rise in January, data from the bourse monthly bulletin showed. In monthly terms, the turnover shrank 19% in February. The bulk of the market turnover was formed by shares trade (79% of total). February's market capitalisation inched up 1.3% in both annual and monthly terms to EUR 2.92bn or 83.7% of full-year projected GDP. Total annual market turnover on the MSE fell by 44.6% to EUR 32.7mn in 2012 after increasing by 7.6% to EUR 59mn in 2011. The MONEX20 index, tracking the performance of 20 biggest companies listed on the MSE, ended the month at 10,000.81 points, down by 0.9% m/m but up 5% y/y. The investment funds index MONEXPIF, closed at 3,160.97 points, down by 1.2% m/m and 20.2% y/y.

Montenegro's bourse turnover more than doubles in Jan 2013.

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