PODGORICA (Montenegro), March 5 (SeeNews) – Montenegrin company Port of Adria [MNG:KOGE], the operator of a cargo and cruise dock at Bar harbour, led the blue-chip gainers on the Montenegrin stock exchange in February, as stock indices ended up, bourse data indicated.
The blue-chip index of the Montenegro Stock Exchange, MNSE10, closed February at 817.51 points, up 1.90% month-on-month.
The benchmark MONEX index, which tracks the 20 most representative shares on the Montenegro Stock Exchange, rose by 1.92% month-on-month in February, reaching 10,562.27 points.
Port of Adria rose the most among the blue chips in February, adding 4.55% month-on-month to 0.1136 euro, as 11,445 of its shares changed hands in four transactions. The company generated a share turnover of 1,300 euro.
Hotel operator Budvanska Rivijera [MNG:BUDR] paced the blue-chip decliners in February, as its share price fell 6.71% on the month to 6.9103 euro. A total of 1,712 of the company's shares changed hands, generating a turnover of 11,830 euro.
Тhe bourse's total turnover rose in February to 683,119 euro ($773,916) from 127,977 euro a month earlier.
A total of 190 transactions were concluded on the bourse in Podgorica in February, versus 122 in January. Stock market capitalisation was 3.03 billion euro at the end of February, up from 2.988 billion euro a month earlier.
($ = 0.882678 euro)