Price limitations in the fixing trading regime and extension of the interruptive auctions
Monday, October 27, 2008

According to the declared determination of the Board of Directors of the Macedonian Stock Exchange for continuous observation of the market situation, the Board of Directors on the session held on 26 October 2008 decided to introduce daily price limitations of +/- 20% from the base price for the securities traded in fixing regime at the Macedonian Stock Exchange.

The implementation of this decision starts on 27 October 2008.

On the same session the Board of Directors decided that starting from 30.10.2008 (Thursday) the trading on the Macedonian Stock Exchange will be extended until 13:00 hours. With this change, for the securities in the continuous trading regime trades can be concluded from 10:00 to 13:00 hours and for the securities in the fixing trading regime two more cycles are introduced: from 12:00 till 12:30 and from 12:30 till 13:00. 

The Board of Directors also decided that starting from 30.10.2008 (Thursday) the interruptive auctions will be extended, in a way that the sub-phase with the fixed timing of 300 seconds will be extended to 600 seconds, and the sub-phase random in the interruptive auctions will remain unchanged (120 seconds).