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Bosnian share indices fall amid higher turnover in week ended May 20

Bosnian share indices fall amid higher turnover in week ended May 20 Author: Radomir Ralev

SARAJEVO (Bosnia and Herzegovina), May 20 (SeeNews) - The share indices of Bosnia's Sarajevo Stock Exchange (SASE) and the Banja Luka Stock Exchange (BLSE) closed lower on Friday, compared with their values a week earlier, as total trading turnover of both bourses rose, bourse data showed.

The 10-share benchmark SASX-10 index of the SASE ended Friday's session at 959.61 points, down 0.34% compared with its closing value on May 13.

The broader SASX-30 index, which is composed of the 30 most liquid stocks on the SASE, fell 0.34% to 1,690.77 points.

The SASE index tracking investment funds, the BIFX, closed at 830.26 points, 0.05% lower compared with May 13.

The Islamic stock index SASX-BBI, launched by SASE and Bosna Bank International (BBI), fell 0.84% to 11,286.09 points. The index tracks 25 companies.

SASE’s turnover came in at 1.2 million marka ($648,000/613,600 euro) this trading week, up from 469,107 marka last week, as a total of 146,116 shares changed hands in 58 transactions.

Brewer Sarajevska Pivara [SAJ:SRPV] generated the highest revenue on SASE this week, of 354,807 marka. Its shares last traded on May 17, when they closed 0.77% lower at 12.9 marka.

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 798.89 points on Friday, down 0.23% compared to its closing value recorded a week earlier.

The bourse's total trading turnover jumped to 36.7 million marka this week from 1.5 million marka last week, as 94 transactions were carried out.

Telekom Srpske [BANJ:TLKM-R-A] generated the largest trading turnover, of 221,803 marka, on the BLSE's official market this week. The company's shares closed 2.58% lower at 1.51 marka on Friday.

(1 euro = 1.95583 marka)

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