Banja Luka Share Indices Close Week Down

On Bosnia’s other bourse, the Sarajevo Stock Exchange (SASE) no trading took place most of the week due to national and religious holidays in the Muslim-Croat Federation, where the bourse is based.

The Federation is one of Bosnia's two autonomous parts. The other one is the Serb Republic, where BLSE is based.

BLSE turnover fell slightly to 2.2 million marka ($1.7 million/1.1 million euro) this week from 2.3 million marka last week.

The benchmark BIRS index of the BLSE ended at 1,009.44 points on Friday, down 1.61% from a week earlier. The BLSE investment funds index, FIRS, fell 1.45% to 1,913.03 this week.

The most liquid stock on BLSE's official market was Telekom Srpske, which was traded in turnover of 101,162 marka this week. Its shares closed at an average weighted price of 1.47 marka on Friday, down 4.55% from a week ago.

Among the investment funds traded on the BLSE, ZIF Zepter Fond posted the highest turnover this week of 36,729 marka. The stock's average weighted price was 5.7 marka on Friday, lower 3.88% from a week ago.

On SASE, the last trading session this week took place on Tuesday, when the SASX-10 index, which tracks the bourse's 10 blue chips, dropped 1.42% to 1,080.26 points.

The SASX-30 index, which comprises the 30 most liquid stocks on SASE, was down 2.55% to 1,119.45. SASE's index tracking investment funds, the BIFX, decreased 1.06% to 1,911.64 points.

SASE was closed on Wednesday for the Statehood Day celebration and on Friday for Muslim holiday Kurban Bajram. It was opened on Thursday but no trading took place as the bourse merged the two holidays.

(1 euro=1.95583 Bosnian marka)