Bosnian Share Indices End Up, Turnover Drops

The SASX-10 index of the Sarajevo Stock Exchange, SASE, which tracks the bourse’s 10 blue chips, rose 1.15% from last Friday to 1,046.42 points.

SASE's index tracking investment funds, the BIFX, was up 0.65% to 1,943.99 points this week. The bourse’s SASX-30 index, which comprises the 30 most liquid stocks on the market, gained 1.35% to 1,158.87 this week.

Blue-chip drug firm Bosnalijek posted the highest weekly turnover on the bourse's official market. It traded at an average price of 16.50 marka ($12/8.4 euro) on Friday, marginally higher from 16.49 marka a week ago. Its turnover was 194,562 marka this week.

SASE's total turnover fell to 1.8 million marka this week from 2.3 million last week.

The turnover on the Banja Luka Stock Exchange (BLSE), Bosnia's smaller bourse, slumped to 1.3 million marka this week from 9.0 million marka last week.

The benchmark BIRS index of the BLSE closed at 993.16 points on Friday, up 0.03% from a week earlier. The BLSE investment fund index, FIRS, rose 7.23% to 1,939.24.

The most liquid stock on BLSE's official market was Telekom Srpske, which traded in a turnover of 170,844 marka. It closed at 1.35 marka on Friday, up 6.30% from a week earlier.

Among the investment funds traded on the BLSE, ZIF Kristal Invest Fond posted the highest turnover this week of 44,359 marka. The stock's average weighted price was 6.00 marka on Friday, up 10.09% from a week earlier.

BLSE is based in the Serb Republic, one of Bosnia's two autonomous parts. SASE is based in the other part, the Muslim-Croat Federation.

(1 euro=1.95583 Bosnian marka)