Montenegro’s stock exchange witnessed a significant cooling in May, with total turnover slumping to just €295,400 — a steep 40.5% decline from April and a staggering 85.8% drop compared to May last year.
Despite 97 trades executed over 18 sessions, average daily turnover barely reached €16,400, underlining a sluggish month for market activity.
Segment performance varied: the prime market recorded €76,500 in 29 trades, while the standard market saw €37,760 across 20 transactions.
The free market, by contrast, led in volume with €136,250 and 42 deals. The MTP ME market trailed with six transactions totaling €44,890.
Yet, the broader picture holds glimmers of resilience. The MNSE10 index rose 16% year-on-year to 1,170.75 points, while the MONEX climbed 15.3%, closing at 17,550.08.
Market capitalisation hit €2.64 billion at May’s end — a €45 million annual gain, up 1.74%.
In a market that’s cooling but climbing, Montenegro’s investors seem to be playing the long game.
