Q1 STOCK EXCHANGE TURNOVER TOTALS EUR 81 MN
admin1 – April 11, 2007 – 8:07am
Macedonian Stock Exchange

The turnover on the Macedonian Stock Exchange in the first three months of this year totaled over 81 million euros, which is by about 60 percent more than in the same period of last year.

The Stock Exchange noted the highest turnover of about 45 million euros in March. In the last week of March, the Stock Exchange informed that new records had been set in the number of transactions, the turnover size and the stock market index growth.

Ivan Steriev, director of the Macedonian Stock Exchange, says that the increased stock market turnover is due to the overall development of the Macedonian economy and of the rising number of physical persons buying shares instead of investing their capital in banks and real estate.

Stock market experts say that the stock market turnover has increased also because of the mounting interest of foreign investment funds in making investments in Macedonia.