Monday, June 30, 2008

Main stock exchange indices start to rise.

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Main stock exchange indices start to rise. The main indices on the local stock exchange rose for the first time in June on Friday. The MBI-10 index, tracking the 10 blue-chip companies on the stock exchange, rose 2.44% compared to a day earlier, closing at 4,710.18. However, it fell 6% compared to last week. The recently reviewed broader MBID index, including the share of the 13 most traded companies over a six month period, rose 0.88% on Friday, but still decreased by 9.8% compared to last week, closing at 5,222.64. Total turnover on the MSE this week rose 10.6% to MKD 151.96mn (EUR 2.47mn). The most traded shares last week were those of Komercijalna Banka, with total transactions worth of MKD 26mn.

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