Belgrade Indices Close Mixed in Falling Turnover

“Nothing interesting happened today, there’s really nothing to comment on,” a local broker told SeeNews.

The blue-chip BELEX15 index closed up 0.42% at 541.45 points after dropping 0.57% on Wednesday. The index has lost some 76% since the beginning of the year due to increased risk aversion among investors fuelled by the global financial crisis.

The composite BELEXline index fell 0.37% to 1,181.88 points, while the joint SRX index of the bourses in Belgrade and Vienna was up 0.80% to 916.63.

Total BELEX turnover fell to some 71 million dinars ($980,200 / 774,100 euro) from 125 million on Wednesday.

A block deal in agriculture firm Bezdan Poljuprivredno Preduzece contributed 22 million dinars to the turnover, more than a third of the total, as 110,000 shares changed hands at 200 dinars.

Blue-chip soybean producer Sojaprotein Becej gained 0.91% to 888 dinars in 7.4 million dinars of turnover, the highest away from block trading. Blue chip AIK Banka advanced 0.56% to 1,963 dinars in 5.9 million dinars of turnover, second highest for the day.

Losers outnumbered gainers on Thursday 31 to 10 as 27 shares closed unchanged.

(1 euro = 91.7141 dinars)