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Belgrade Share Indices Extend Gains, Volumes Fall

Sep 17, 2009, 5:25:12 PMArticle by Vera Ovanin
share
BELGRADE (Serbia), September 17 (SeeNews) – The Belgrade share indices continued their strong uphill run in falling volumes on Thursday, bourse data showed. 

Belgrade Share Indices Extend Gains, Volumes Fall

The blue-chip BELEX15 index of the Belgrade Stock Exchange climbed 2.17% to 809.75 points after edging up 0.11% on Wednesday. The broader BELEXline index advanced 2.09% to 1,518.84 points on hursday after adding 0.40% a day earlier.

The joint SRX index of the bourses in Belgrade and Vienna rose 1.98% to 366.94 on Thursday.

The Belgrade bourse's total turnover fell to 105 million dinars ($1.6 million/1.1 million euro) from 130 million dinars on Wednesday. Trade in government securities dwindled to 8.0 million dinars from 25 million dinars.

Blue-chip lender AIK Banka was yet again the most traded company on Thursday. Its shares rose 3.39% to 3,007 dinars in a turnover of 32.4 million dinars.

Its blue-chip peer Komercijalna Banka posted the session’s second highest turnover of 11.6 million dinars. Shares shed 1.79% to 36,010 dinars. Blue chip Agrobanka added 0.77% to 9,816 dinars in the third largest turnover of 9.2 million dinars.

Pupin Telecom was the biggest advancer on Thursday, soaring 18.67% to 286 dinars.

Information technology company Informatika posted the biggest loss, sinking 3.82% to 3,952 dinars.

Gainers outnumbered fallers 30 to 23, while the shares of 26 companies ended unchanged on Thursday.

(1 euro=93.5566 Serbian dinars)

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