The turnover on the Macedonian Stock Exchange (MSE) soared 232% m/m to MKD995.5mn (€16.2mn) in March, after plunging 38.8% m/m a month earlier, MSE data indicated on April 10.
The rise was due to the much higher turnover in block transactions. In March, regular trading turnover on the MSE rose by 7.2% m/m to MKD292.4mn, while block transactions soared to MKD395.6mn from MKD26.7mn in the previous month.
However, the number of bourse transactions went down by 10% m/m to 1,396 in the third month of the year.
The market capitalisation of the shares traded on the MSE was MKD167.4bn, down 1.8% m/m. The market capitalisation of listed debt securities edged up 0.2% m/m to MKD3.43bn.
The blue chip equity index, MBI10, ticked up 0.3% m/m to a value of 3,664.66 points at end-March.
There were 104 listed companies on the MSE at the end of March, one less than in February. Tobacco company Strumica tabak was delisted in March.
The most traded company on the official market remained Komercijalna Banka, with a total turnover of MKD97.5mn. The average price of the bank’s shares was MKD5,671.68.
In 2018, the turnover on the Macedonian Stock Exchange (MSE) jumped 119.8% y/y to MKD10.4bn.
Related Articles
Financial Stability Board publishes recommendations on nonbank leverage risks
Global regulator, the Financial Stability Board, published final policy recommendations to address financial stability risks from nonbank financial intermediation leverage, giving authorities ... more
Non-performing loans hit historic low in CESEE, but early warning signs emerge, says EBRD
Non-performing loans (NPLs) in central, eastern and south-eastern Europe (CESEE) fell to their lowest levels since the global financial crisis in 2024, but early indicators suggest rising risks ... more
Most Read
-
Putin to skip Rio BRICS summit over ICC warrant as Xi signals no-show
19 days ago
-
Turkey yet to prove rare earth deposit has suggested “giant” potential despite reported processing talks with China
10 months ago
-
Uproar in Mongolia as development bank reveals scale of risky loans and NPLs
3 years ago