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Belgrade Share Indices Erase Gains, Volumes Sink

Sep 2, 2009, 5:45:10 PMArticle by Vera Ovanin
share
BELGRADE (Serbia), September 2 (SeeNews) – Belgrade share indices on Wednesday gave up their gains from the last two sessions as turnover fell, bourse data showed.
 
The blue-chip BELEX15 index of the Belgrade Stock Exchange fell 2.48% to 695.47 points after edging up 0.33% on Tuesday. The broader BELEXline index dipped 1.73% to 1,332.02 points after adding 0.04% a day earlier.

Belgrade Share Indices Erase Gains, Volumes Sink

The joint SRX index of the bourses in Belgrade and Vienna shed 2.68% to 316.07 on Wednesday.

The Belgrade bourse's total turnover fell to 43 million dinars ($648,664/456,613 euro) from 92 million dinars on Tuesday. Trade in government securities accounted for 3 million dinars of turnover on Wednesday, down from 38 million a day earlier. 

Blue-chip soybean producer Sojaprotein ticked down 0.52% to 1,144 dinars in the highest turnover of 11.6 million dinars.

Blue-chip lender AIK Banka posted the session’s second highest turnover of 6.1 million dinars. Shares dropped 1.69% to 2,439 dinars.

Mineral water bottler Voda Vrnjci was the biggest gainer on Wednesday, adding 3.70% to 4,200 dinars.

Machine building company Progres was the session's top decliner, plunging 9.0% to 91 dinars.

Ten stocks advanced on Wednesday, 27 declined and 15 remained unchanged.

(1 euro=93.1071 Serbian dinars)

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