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The '''Montenegro Stock Exchange (MNSE)''' ([[Montenegrin language|Montenegrin]]: ''Montenegroberza, a.d.'') is a [[stock exchange]] located in [[Podgorica]], [[Montenegro]]. The MNSE was founded 1993, and is a member of the [[European Finance Convention Foundation]]. It is one of two principal stock exchanges in Montenegro, the other being the [[NEX Stock Exchange]], also located in Podgorica.
The '''Montenegro Stock Exchange (MNSE)''' ([[Montenegrin language|Montenegrin]]: ''Montenegroberza, a.d.'') is a [[stock exchange]] located in [[Podgorica]], [[Montenegro]]. The MNSE was founded 1993, and is a member of the [[European Finance Convention Foundation]]. It is the sole stock exchange in Montenegro, following the merger with [[NEX Stock Exchange]].


Trading on the MNSE consists of short and long term securities, six privatization funds, bonds of old currency savings, and shares from government funds portfolios. The [[MOSTE Index]] is the principal [[stock index]] of the Montenegro Stock Exchange.
Trading on the MNSE consists of short and long term securities, six privatization funds, bonds of old currency savings, and shares from government funds portfolios. The [[MOSTE Index]] is the principal [[stock index]] of the Montenegro Stock Exchange.
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On 5 January 2010, [[AtlasMont banka]] became the majority shareholder of the Montenegro Stock Exchange.<ref>{{citation | title =Crna Gora u 2010 – 1.dio | url = http://www.rtcg.me/vijesti/politika/aktuelno/36440-crna-gora-u-2010-1dio.html | newspaper = [[RTCG]] | date = 30 December 2010}}</ref>
On 5 January 2010, [[AtlasMont banka]] became the majority shareholder of the Montenegro Stock Exchange.<ref>{{citation | title =Crna Gora u 2010 – 1.dio | url = http://www.rtcg.me/vijesti/politika/aktuelno/36440-crna-gora-u-2010-1dio.html | newspaper = [[RTCG]] | date = 30 December 2010}}</ref>


In January 2010, stockholders in NEX approved a merger with the Montenegro Stock Exchange, initially expected to take place within two to three months.<ref>{{citation | title =Montenegro’s Two Stock Exchanges Approve Merger | url = http://www.seenews.com/news/latestnews/montenegro___stwostockexchangesapprovemerger-153755/ | newspaper = SeeNews | date = 29 January 2010}}</ref> However, the two will be technically merged as of 31 December 2010, with their systems jointly operating as of 10 January 2011.<ref>{{citation | title =Sjutra spajanje berzi | url = http://www.rtcg.me/vijesti/ekonomija/info/36554-sjutra-spajanje-berzi.html | newspaper = [[RTCG]] | date = 30 December 2010}}</ref>
In January 2010, stockholders in NEX approved a merger with the Montenegro Stock Exchange, initially expected to take place within two to three months.<ref>{{citation | title =Montenegro’s Two Stock Exchanges Approve Merger | url = http://www.seenews.com/news/latestnews/montenegro___stwostockexchangesapprovemerger-153755/ | newspaper = SeeNews | date = 29 January 2010}}</ref> However, the two were technically merged on 31 December 2010, with their systems jointly operating since 10 January 2011.<ref>{{citation | title =Sjutra spajanje berzi | url = http://www.rtcg.me/vijesti/ekonomija/info/36554-sjutra-spajanje-berzi.html | newspaper = [[RTCG]] | date = 30 December 2010}}</ref> The merger consolidated and simplified securities trading in Montenegro.


==See also==
==See also==

Revision as of 19:19, 16 January 2011

Montenegro Stock Exchange
MNSE Logo
TypeStock exchange
LocationPodgorica, Montenegro
Founded1993
OwnerPublicly-owned company
Key peopleSaleta Đurović (Chairman)
Dejana Šuškavčević (CEO)
CurrencyEuro
No. of listings38
Market capUS$3.92 billion (February 2010)
IndicesMOSTE Index
Websitewww.montenegroberza.com

The Montenegro Stock Exchange (MNSE) (Montenegrin: Montenegroberza, a.d.) is a stock exchange located in Podgorica, Montenegro. The MNSE was founded 1993, and is a member of the European Finance Convention Foundation. It is the sole stock exchange in Montenegro, following the merger with NEX Stock Exchange.

Trading on the MNSE consists of short and long term securities, six privatization funds, bonds of old currency savings, and shares from government funds portfolios. The MOSTE Index is the principal stock index of the Montenegro Stock Exchange.

History

The Montenegro Stock Exchange was founded in 1993 by NLB Montenegrobanka, Pljevaljska banka, Beranska banka, Hipotekarna banka, Podgorička banka, Jugobanka, Nikšićka banka, Lovćen osiguranje and Agroosiguranje.

On 5 January 2010, AtlasMont banka became the majority shareholder of the Montenegro Stock Exchange.[1]

In January 2010, stockholders in NEX approved a merger with the Montenegro Stock Exchange, initially expected to take place within two to three months.[2] However, the two were technically merged on 31 December 2010, with their systems jointly operating since 10 January 2011.[3] The merger consolidated and simplified securities trading in Montenegro.

See also

External links

References

  1. ^ "Crna Gora u 2010 – 1.dio", RTCG, 30 December 2010
  2. ^ "Montenegro's Two Stock Exchanges Approve Merger", SeeNews, 29 January 2010
  3. ^ "Sjutra spajanje berzi", RTCG, 30 December 2010