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BELEX15 loses ground as most blue chips decline

Jul 10, 2024, 4:53:34 PMArticle by Iskra Pavlova
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July 10 (SeeNews) - The blue-chip BELEX15 index of the Belgrade Stock Exchange lost ground on Wednesday, after closing higher in the previous two consecutive sessions, dragged down by losses in the majority of traded blue-chip companies, bourse data showed.

BELEX15 loses ground as most blue chips decline

The BELEX15 shed 0.21%, closing at 1000.74 points.

There were no gainers among the traded blue chips on Wednesday. Oil and gas giant NIS [BEL:NIIS] led the decliners by dropping 0.74% to 803 dinars at close.

Insurer Dunav Osiguranje [BEL:DNOS] followed, closing 0.29% lower at 1,044 dinars with 410 shares changing hands.

Aerodrom Nikola Tesla [BEL:AERO] was next, declining 0.05% to close at 1,900 dinars. It generated the single largest turnover of 8.3 million dinars for the day.

Engineering company Energoprojekt Holding [BEL:ENHL] was the only other blue chip that traded on Wednesday. It ended flat at 371 dinars, generating the second largest turnover of 2.7 million dinars.

The broader BELEXline, a free-float market capitalisation weighted index, also dropped, closing 0.53% lower at 2,217.39 points.

Total turnover on the Belgrade bourse fell to 12 million dinars ($111,000/103,000 euro) on Wednesday from 49 million dinars on Tuesday.

(1 euro = 117.019 dinars)

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