The Montenegro Stock Exchange experienced minimal growth and low trading volume this week, coinciding with the announcement that Montenegro’s GDP grew by 2.5% in Q1 2025. The MNSE10 index increased by 0.3%, while the broader MONEX rose by 0.2%. Total weekly turnover was approximately €24,000, significantly lower than the previous week’s.
According to Monstat’s preliminary data, Montenegro’s GDP in the first quarter amounted to €1.43 billion, up from €1.36 billion in the same period last year.
Notable stock movements included a 17% rise in UTIP Crna Gora shares and a 6.7% increase in CGES shares. In contrast, Luka Bar dropped 3%, and Crnogorski Telekom fell 1.7%.
Additionally, the Montenegrin Parliament reaffirmed the law confirming a cooperation agreement with the UAE in tourism and real estate development, essential for implementing deals signed in March by Prime Minister Milojko Spajić.
EPCG launched a campaign to promote energy efficiency under the slogan “Use Smart – Save More,” aiming to reduce electricity consumption without affecting living comfort.
Finally, the government proposed the final budget account for 2024, revealing that total public debt, excluding deposits, reached €4.51 billion or 60.53% of GDP. It emphasized steady growth in budget revenues, driven by economic activity and increased household income.
