23. May 2008.
Source: Ilirika Investments
Both Banking and Construction sectors, especially the construction sector lost in their market capitalization today. Granit AD Skopje (GRNT) made over 50% of the market today while loosing 1.99% of its value. Granit’s share was the most traded one through out the whole week. Market balance worsened in favor of the bears with the volume of losing shares being almost ten times the volume of gainers. Regional markets and especially the ones influencing the most on the MSE were all heading to the negative territory as they reached the local maximum by the beginning of the week. Looking at the prospects, modestly declining short run dynamics might continue at the beginning of the next week with a flat price change on a medium run. Statistics Office report, measuring managers opinion expecting improving business environment in the fore coming months, might give some price improvement on a bit longer term.