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Belgrade Share Indices Post Fractional Gains, Turnover Shrinks

Sep 9, 2009, 4:51:07 PMArticle by Vera Ovanin
share
BELGRADE (Serbia), September 9 (SeeNews) – Belgrade share indices extended their modest gains amid shrinking turnover on Wednesday, stock exchange data showed.

Belgrade Share Indices Post Fractional Gains, Turnover Shrinks

The blue-chip BELEX15 index of the Belgrade Stock Exchange edged up 0.55% to 744.57 points after gaining 1.95% on Tuesday. The broader BELEXline index climbed 0.41% to 1,406.96 points after picking up 1.66% a day earlier.

The joint SRX index of the bourses in Belgrade and Vienna advanced 0.76% to 338,73 on Wednesday.

The Belgrade bourse's total turnover dropped to 53 million dinars ($826,773/568,034 euro) from 90 million on Tuesday. Trade in government securities fell to 2.4 million dinars from 7.1 million dinars on Tuesday.

Blue-chip soybean producer Sojaprotein dipped 1.59% to 1,235 dinars in the session's highest turnover of 10.6 million dinars.

Blue-chip lender AIK Banka shed 0.55% to 2,710 dinars in the second highest turnover of 9.3 million dinars.

Its blue-chip peer Privredna Banka was the day’s biggest gainer, soaring 9.13% to 765 dinars.

Drug maker Velefarm was the biggest loser on Wednesday, diving 3.48% to 1,304 dinars.

Gainers outnumbered losers 21 to 16, while shares of 20 companies ended unchanged on Wednesday. 

(1 euro=93.3043 Serbian dinars)

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