Belgrade Share Indices Rise in Nearly Flat Turnover

The blue-chip BELEX15 index of the Belgrade Stock Exchange gained 1.24% to 782.76 points after tumbling 5.49% on Friday. The broader BELEXline index added 1.18% to 1,485.86 points after plunging 4.46% on the last working day before the weekend.

The joint SRX index of the bourses in Belgrade and Vienna gained 0.31% to end at 355,88 on Monday.

The Belgrade bourse's total turnover was nearly unchanged at 72.8 million dinars ($1.14 million/781,215 euro) compared to 73.3 million dinars on Friday. Trade in government bonds dropped to 1.7 million dinars from 2.7 million dinars on Friday.

Wine maker Vino Zupa soared 8.64% to 8,800 dinars in the session's largest turnover of 42.3 million dinars.

Blue chip AIK Banka edged up 0.39% to 2,835 dinars in the day's second largest turnover of 15.3 million dinars.

Blue chip Agrobanka rose 1.64% to 9,935 dinars in the third largest turnover of 3.0 million dinars.

Seed producer Agrocoop Novi Sad was the day’s biggest advancer, gaining 19.67% to 365 dinars.

Tobacco producer Duvanska Industrija Nis, majority-owned by Phillip Morris, posted the biggest decline, dropping 11.94% to 2,640 dinars.

Gainers outnumbered decliners by 22 to 16, while the shares of 19 companies ended flat on the first working day of the week.

(1 euro=93.1785 Serbian dinars)