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Stock markets' coming together positive sign to investors.

Macedonian citizens will soon be able to legally buy shares of companies listed on the stock markets in Zagreb and Sofia, and, by the end of this year, on the stock markets of Lubljana and Belgrade. Investors from these neighboring countries will likewise also be able to buy securities issued by Macedonia companies. The joint platform agreed upon by the Macedonian, Zagreb and Sofia stock markets will be put into effect in little over a month.

The Stock Exchange stated that via the SEE Link platform, 387 shares will be traded in, 127 of which are Macedonian, 151 Croatian, and 109 Bulgarian. All the Macedonian securities quoted in the official segment will be offered for sale.

According to brokers and investors, the brining of the stock markets of the region together will stimulate the issue of government and municipal securities, draw attractive firms to the stock market and induce certain government incentives. It is also seen as a chance for the stock market trade, measuring negligible daily sales for a long time now, to pick up.

Over the past 20 years, the overall turnover on the Macedonian Stock Exchange was 3.4 billion euros, most of which, 680 million euros, was realized during the years of the stock market boom of 2005 to 2007.

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Title Annotation:BUSINESS NEWS
Publication:INFOMAC Daily News Service
Date:Feb 19, 2016
Words:214
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