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.
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