Macedonian Stock Exchange turnover surges 126% amid declining indices

The Macedonian Stock Exchange has experienced significant fluctuations in trading activity and index performance. During the week of September 14 to September 18, 2026, total turnover surged by 126.21% compared to the previous week, reaching 78.4 million denars through 501 transactions. Despite this increase in volume, price movements were largely negative, with only Universala Investiciona Banka Skopje recording a gain of 3.58%. Major declines were seen in banking stocks, including Komercijalna Banka Skopje, Stopanska Banka Skopje, and NLB Banka AD Skopje.

By September 21, 2026, the MBI10 index fell by 0.41% to 9,058.55 points. Trading activity remained concentrated in specific sectors, with Komercijalna Banka Skopje leading regular trading turnover. Other notable participants in terms of volume included Alkaloid Skopje and Makedonski Telekom Skopje. The bond market saw activity through a public offering of TTK Bank corporate bonds, totaling over 15.6 million denars.