New price limitations starting from December 1, 2008
Saturday, November 29, 2008

According to the 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 November 28, 2008 decided to introduce changes and amendments on daily price limitations:

  •         Starting from December 1, 2008 (Monday) till December 3, 2008 (Wednesday) price limits of +/-10% will be introduced for all securities regardless the regime of trading (continuous or fixing). The dynamic limit for the securities traded in continuous regime will be +/-3%;
  •       Starting from December 4, 2008 (Thursday):
                 - the price limits of +/-20% will be introduced for securities traded  in fixing regime;
                  - the price limits of +/-10% will continue for securities traded in continuous regime;
  •            Securities which will not be traded at all in the period of five trading days subsequently will be traded with no price limits. First day of trading as of which counting of the above mentioned five trading days will start is December 4, 2008. Accordingly, first trading day on which there will be no price limits for trading with these securities is expected to be December 12, 2008.