SARAJEVO (Bosnia and Herzegovina), November 20 (SeeNews) – The indices of Bosnia's two stock exchanges closed the week mostly higher as turnover in Sarajevo almost doubled, while trading volumes in Banja Luka more than halved, bourse data showed on Friday.
The SASX-10 index of the Sarajevo Stock Exchange, SASE, which tracks the bourse's 10 blue chips, rose 1.6% from last Friday to 1,106.57 points.
The SASX-30 index, which comprises the 30 most liquid stocks on SASE, was up 0.4% from last Friday to 1,151.05. SASE's index tracking investment funds, the BIFX, fell 1.55% to 1,924.54 points this week.
Blue-chip drug firm Bosnalijek posted the highest turnover of 199,372 marka on SASE's official market this week. Its stock was traded at an average price of 16.56 marka ($13/8.5 euro) on Friday, up from 15.94 marka a week ago. SASE's total turnover rose to 5.6 million marka this week from 3.1 million marka last week.
The turnover on the Banja Luka Stock Exchange (BLSE), Bosnia's smaller bourse, fell to 2.3 million marka this week from 5.0 million marka last week.
The benchmark BIRS index of the BLSE ended at 1,025.93 points on Friday, down 0.61% from a week earlier. The BLSE investment funds index, FIRS, rose 1.43% to 1,941.22 this week.
The most liquid stock on BLSE's official market was Telekom Srpske, which was traded in turnover of 221,170 marka this week. Its shares closed at an average weighted price of 1.54 marka on Friday, up 1.99% from a week ago.
Among the investment funds traded on the BLSE, ZIF Kristal Invest Fond posted the highest turnover this week of 64,217 marka. The stock's average weighted price was 6.3 marka on Friday, up 4.83% from a week ago.
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)