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Belgrade Share Indices Fall Further, Turnover Shrinks

Sep 28, 2009, 5:31:29 PMArticle by Vera Ovanin
share
BELGRADE (Serbia), September 28 (SeeNews) – Belgrade share indices fell further in shrinking volumes on Monday, with AIK Banka accounting for two thirds of the total turnover, stock exchange data showed.

Belgrade Share Indices Fall Further, Turnover Shrinks

The blue-chip BELEX15 index of the Belgrade Stock Exchange declined 2.50% to 831.30 points after falling 1.19% on Friday. The broader BELEXline index dipped 2.0% to 1,560.90 points after shedding 0.94% on the last working day before the weekend.
 
The joint SRX index of the bourses in Belgrade and Vienna lost 1.53% to end at 377.65 on Monday.

The Belgrade bourse's total turnover shrank to 91.7 million dinars ($1.4 million/1.0 million euro) from 120.6 million dinars on Friday. Trade in government bonds accounted for 1.7 million dinars of the day's turnover, down from 2.9 million on Friday.

Blue-chip lender AIK Banka again led the session in terms of turnover. Its shares slid 2.16% to 3,080 dinars in a volume of 60.3 million dinars.

Blue-chip lender Agrobanka dropped 7.42% to 10,096 dinars in the second largest turnover of 8.9 million dinars.

Its blue-chip peer Privredna Banka fell 1.56% to 1,007 dinars in the third largest turnover of 2.9 million dinars.

Brewer BIP was the session's biggest gainer, surging 10.53% to 63 dinars.

Wine maker Vino Zupa posted the day’s biggest drop, sinking 11% to 8,000 dinars.

Fallers outnumbered climbers by 35 to 13, while the shares of 22 companies ended flat on Monday.

(1 euro=92.8516 Serbian dinars)

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