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Bosnian equity indices rise in week ended Aug 19, turnover falls

Bosnian equity indices rise in week ended Aug 19, turnover falls Author: Radomir Ralev

SARAJEVO (Bosnia and Herzegovina), August 19 (SeeNews) - The main share indices of Bosnia and Herzegovina's Sarajevo Stock Exchange (SASE) and the benchmark index of the country's other stock exchange, the Banja Luka Stock Exchange (BLSE), closed in green territory on Friday, compared with the previous week, bourse data showed.

The 10-share benchmark SASX-10 index of the Sarajevo Stock Exchange (SASE) ended Friday's session at 1,047.62 points, up 2.27% compared with its closing value on August 12.

The broader SASX-30 index, which is composed of the 30 most liquid stocks on the SASE, inched up 0.10% to 1,713.11 points.

The SASE index tracking investment funds, the BIFX, closed at 820.65 points, up 0.84% compared with August 12.

The Islamic stock index SASX-BBI, launched by SASE and Bosna Bank International (BBI), went up 1.58% to 11,707.77 points. The index tracks 25 companies.

SASE’s turnover came in at 564,748 marka ($290,500/288,800 euro) this trading week, lower than 853,575 marka last week. A total of 55,912 shares changed hands in 77 transactions.

Pharmaceutical company Bosnalijek [SAJ:BSNLR] generated the highest revenue on SASE this week, of 78,245 marka. Its shares closed 3.96% higher at 32.75 marka on Friday.

The SASE is based in the Federation, one of two autonomous entities that form Bosnia and Herzegovina. The BLSE is based in the other entity, the Serb Republic.

The BLSE’s benchmark index, the BIRS, closed at 766.09 points on Friday, up 0.38% compared to its closing value recorded a week earlier.

The bourse's total trading turnover decreased to 2.4 million marka this week from 4.7 million marka last week, as 90 transactions were carried out.

Telekom Srpske [BANJ:TLKM-R-A] generated the largest trading turnover, of 563,509 marka, on the BLSE's official market this week. The company's shares closed flat at 1.50 marka on Friday.

(1 euro = 1.95583 marka)