Belgrade bourse's BELEX15 starts week lower in slow trading

The BELEX15 shed 0.02%, closing at 985.32 points.

Oil and gas company NIS [BEL:NIIS] was the sole blue-chip decliner on Monday, losing 0.24% to close at 815 dinars. The stock generated Monday's single largest turnover of 440,210 dinars.

At the opposite end, insurer Dunav Osiguranje [BEL:DNOS] was the sole blue-chip gainer, adding 0.21% to 966 dinars at close in a turnover of some 386,000 dinars, the second largest for the day.

Industrial gases producer Messer Tehnogas [BEL:TGAS] was the only other blue chip that traded on Monday. It closed flat at 24,000 dinars, posting the third largest turnover of 192,000 dinars in a volume of 8 shares.

The broader BELEXline, a free-float market capitalisation weighted index, however rose, closing 0.10% higher at 2,198.38 points.

Total turnover on the Belgrade bourse fell to 1.1 million dinars ($9,150/8,540 euro) on Monday from 8.6 million dinars on Friday.

(1 euro = 117.071 dinars)