The composition of the MNSE10 stock index has been revised, with the addition of Plantaže and Napredak Kotor, while shares of Lovćen Bank and Poslovno Logistički Centar (PLC) Morača have been removed.
Montenegro Stock Exchange announced that it conducted a routine review of its indices, MNSE10 and MONEX.
Following the review, four new companies—Željeznički Prevoz, Željeznička Infrastruktura, Montecargo, and Montenegro-express Group Budva—were added to the MONEX index. Shares of Čelebić Invest and Otrantkomerc have been excluded.
The MNSE10 index serves as the leading index of the Montenegro Stock Exchange, measuring the price movements of the most representative shares traded on the regulated market, including both the stock exchange and the free market.
Selection of the ten issuers whose shares are included in the MNSE10 is based on liquidity coefficients. The stock exchange also considered the financial performance of companies and their participation in free float market capitalization as additional criteria.
The current composition of MNSE10 includes: Hipotekarna Banka, Elektroprivreda (EPCG), Crnogorski Telekom, Jugopetrol, Crnogorski Elektroprenosni Sistem (CGES), Plantaže, Port of Adria, Napredak Kotor, Luka Bar, and Veleprodaja.
MONEX is a general index of the Montenegro Stock Exchange, reflecting the state and movement of stock prices in the regulated market.
The MONEX index review is based on trading data from the previous 12-month period. Issuers are selected based on liquidity rankings, with consideration of free float market capitalization.
Routine revisions of MNSE10 and MONEX occur biannually, on March 31 and September 30.
