Montenegro Stock Market Sees Sharp May Slowdown

Trade volume tumbles 85% year-on-year, but indices and market cap remain resilient

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.

Have a news tip or story to share? Email us at info@connectingregion.com

Humanoid Robots Made in Serbia

Chinese manufacturers Minth and AGIBOT have launched humanoid robot production in Šabac, opening a new chapter for Serbia's industrial...

Croatian Self-Driving Cars Take to British Roads

From Zagreb to Manchester, Croatian mobility company Verne is helping bring autonomous taxis to European streets, challenging the assumption...

Adria’s Invisible Global Footprint

From the technology behind global communications to medicines, automotive engineering and digital worlds, the seven countries of Adria have...

The Next Test for Mate Rimac

The Croatian entrepreneur built a global reputation by challenging the automotive establishment. Now, with Porsche departing, BMW adopting his...

Beyond the AI Hype

Who's Actually Building the Adria Region's AI Economy? From cancer diagnostics and digital identity to industrial engineering and creative automation,...
spot_img

Connecting the Adria Region Decision Makers

The Region is more than a publication - it's where the region's elite converge for insights and opportunities