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Analyzing turnover on the Montenegro Stock Exchange in first quarter

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In the first quarter, the Montenegro Stock Exchange saw a total turnover of 892,411.26 EUR, marking a significant 72.28% decrease compared to the same period last year.

Montenegro Stock Exchange data reveals that the average daily turnover during this quarter amounted to 15,125.61 EUR.

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Over the course of 59 trading days in the first quarter, 348 transactions were concluded. This is a notable decrease from the 797 transactions recorded over 60 trading days in the same period in 2023.

The prime market saw a total turnover of 213,588.22 EUR in the first quarter of 2024, with 78 transactions concluded. Additionally, there were 39 transactions on the standard market, resulting in a turnover of 13,139.46 EUR.

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Data indicates that 199 transactions were executed on the free market, amounting to a turnover value of 616,029.79 EUR.

Meanwhile, on the MTP ME market, there was a total turnover of 49,653.79 EUR, with 32 transactions concluded.

As of the last day of March, the MNSE10 index stood at 977.96 points, reflecting a 5.32% decrease compared to the same period last year. Conversely, the MONEX index recorded 14,701.86 points on the same day, marking a 0.84% increase from the previous year.

The total market capitalization of shares as of March 31 reached 2.55 billion EUR, indicating a growth of 3.73% compared to the same period last year, with an increase of 91.63 million EUR.

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