Belgrade Shares Mostly Extend Gains in Swelling Volumes

The blue-chip BELEX15 index of the Belgrade Stock Exchange rose 1.30% to 836.32 points after surging 5.47% on Tuesday. The broader BELEXline index climbed 1.11% to 1,566.47 points after gaining 4.27% a day earlier.

The joint SRX index of the bourses in Belgrade and Vienna, however, lost 0.36% to end at 374,90 on Wednesday.

The Belgrade bourse's total turnover increased to 110.5 million dinars ($1.74 million/1.2 million euro) from 62 million dinars on Tuesday. Trade in government bonds rose to 18.8 million dinars from 7.6 million dinars.

Passenger transport company Jugoprevoz soared 19.55% to 899 dinars in the session’s largest turnover of 50.3 million dinars. Blue chip AIK Banka gained 1.65% to 3,077 dinars in the session's second largest turnover of 9.0 million dinars.

Agrobanka, another blue-chip lender, climbed 1.41% to 11,223 dinars in the session’s third largest turnover of 5.1 million dinars.

Insurance company Globos Osiguranje soared 13.06% to 1,004 dinars.

Construction firm Planum posted the biggest losses on Wednesday, dipping 12% to 1,584 dinars.

Gainers outnumbered decliners by 32 to 14, while the shares of 16 companies ended flat on Wednesday.

(1 euro=93.1463 Serbian dinars)