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Belgrade bourse's BELEX15 loses ground as Metalac, NIS fall

Jun 13, 2024, 4:29:27 PMArticle by Iskra Pavlova
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June 13 (SeeNews) - The blue-chip BELEX15 index of the Belgrade Stock Exchange lost ground on Thursday after rising in the previous three sessions, pushed lower by losses in cookware maker Metalac [BEL:MTLC] and oil and gas company NIS [BEL:NIIS], bourse data showed.

Belgrade bourse's BELEX15 loses ground as Metalac, NIS fall
Metalac AD

BELEX15 fell 0.99% to close at 992.18 points.

Metalac led the blue-chip decliners, dropping 7.13% to 1,653 dinars at close, with a turnover of 3.6 million dinars, the third highest of the day.

NIS fell 3.85% to 825 dinars at close, generating the second highest turnover on Thursday at 6.3 million dinars.

The highest turnover was posted by blue-chip civil engineering group Energoprojekt Holding, which closed flat at 367 dinars with a turnover of 11.5 million dinars.

Insurer Dunav Osiguranje [BEL:DNOS] was the sole blue-chip gainer, adding 3.75% to 996 dinars at close in 2.6 million dinars of turnover.

The broader BELEXline, a free-float market capitalisation weighted index, also dropped, closing 0.79% lower at 2,204.79 points.

Total turnover on the Belgrade bourse jumped to 26.5 million dinars ($249,000/230,600 euro) on Thursday from 9.0 million dinars on Wednesday.

(1 euro = 117.076 dinars)

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