Belgrade bourse BELEX15 starts week higher

The BELEX15 added 0.11%, closing at 986.84 points.

Dunav Osiguranje was the sole blue-chip gainer on Monday, rising 0.72% to 985 dinars at close on a volume of 20 traded shares.

There were no losers among the blue chips in the first day of the week, with oil and gas company NIS [BEL:NIIS] and Aerodrom Nikola Tesla [BEL:AERO] ending the trading session unchanged.

NIS closed flat at 800 dinars with 172 stocks changing hands. Aerodrom Nikola Tesla also finished unchanged at 1,900 dinars as 7 shares traded.

Outside the blue chips, hydraulic fittings manufacturer PPT Armature [BEL:PPTA], which lost 1.52% to 650 dinars at close, generated the single largest turnover of 962,000 dinars for the day.

The broader BELEXline, a free-float market capitalisation weighted index, also rose, closing 0.23% higher at 2,220.68 points.

Total turnover on the Belgrade bourse plunged to 2.8 million dinars ($27,500/25,600 euro) on Monday from 116 million dinars on Friday when trading in government securities contributed some 107 million dinars of the total.

(1 euro = 117.076 dinars)