You have 5 free articles left this month. Get your free Basic subscription now and gain instant access to more.

Belgrade stock indices close down, turnover rises

Author Radomir Ralev
Belgrade stock indices close down, turnover rises Photo: Belgrade Stock Exchange

BELGRADE (Serbia), October 21 (SeeNews) - The Belgrade Stock Exchange closed down on Thursday, with industrial chemicals maker Messer Tehnogas [BEL:TGAS] pacing the blue-chip decliners, bourse data showed.

Messer Tehnogas' shares closed 1.19% lower at 15,800 dinars on Thursday. Cookware maker Metalac [BEL:MTLC] was another major decliner, with its shares falling 1.10% to 1,800 dinars.

The BELEX15 index, which tracks the most liquid shares on the Belgrade Stock Exchange, ended the session down 0.36% at 788.13 points. The broader BELEXline, a free-float market capitalisation weighted index, closed down 0.39% at 1,657.84.

Insurer Dunav Osiguranje [BEL:DNOS] was the only gainer among the blue chips, with its share price edging up 0.08% to 2,401 dinars.

The Belgrade Stock Exchange's total turnover rose to 1.706 billion dinars ($20 million/17 million euro) on Thursday from 11 million dinars on Wednesday.

Trading on the multilateral trading facility (MTP) of the stock exchange generated a turnover of 2.8 million dinars.

Trading in Treasury bonds contributed 1.7 billion dinars to the total turnover on the stock exchange on Thursday.

(1 euro = 117.588 dinars)

Dunav Osiguranje AD is among the biggest insurers in SEE, for more reference take a look at Top 100 insurers
Compare