Sveti Stefan Hoteli leads Montenegro’s top-notch winners in March

PODGORICA (Montenegro), April 4 (SeeNews) – Montenegrin First Order Company Sveti Stefan Hoteli [MNG:SSHO] led blue-chip gainers on the Montenegrin stock market in March as stock indexes eventually climbed higher, according to data from the exchange.

The Montenegro Stock Exchange’s premier index, MNSE10, closed up 2.03% in March at 778.83 points.

The benchmark MONEX index, which tracks the 20 most representative stocks on the Montenegro Stock Exchange, rose 0.81% in March and closed at 9,912.38 points.

A total of 7,179 Sveti Stefan Hoteli shares changed hands for a turnover of 22,388 euros in March. Sveti Stefan Hoteli won 9.68% to 3.1186 euros.

Crnogorsky Telekom [MNG:TECG] paced blue-chip decliners in March, as its share price fell 5.83% on the month to $1.163. A total of 16,632 shares of the company changed hands, generating a turnover of 19,342 euros.

The exchange’s total turnover rose in March to 1.474 million euros ($1.622 million) from 196,103 euros a month earlier.

A total of 123 transactions were concluded on the Podgorica stock exchange in March, compared to 67 in February. The market capitalization stood at 3.203 billion euros at the end of March, against 3.196 the previous month.

($ = 0.90602 euros)

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