SARAJEVO (Bosnia and Herzegovina), May 22 (SeeNews) – The share indices of Bosnia's two stock exchanges, in Sarajevo and Banja Luka, rose in the trading week endеd on May 22, bourse data showed.
The 10-share benchmark SASX-10 index of the Sarajevo Stock Exchange (SASE) ended at 720.11 points on Friday, up by a weekly 1.20%.
The broader SASX-30 index, which is composed of the 30 most liquid stocks on the SASE, rose by 0.25% to a closing value of 1,325.12 on Friday.
The SASE index tracking investment funds, the BIFX, closed 0.48% higher at 976.99 points.
The Islamic stock index SASX-BBI, launched by the SASE and Bosna Bank International (BBI), rose 0.80% to 9,503.66 points. The index tracks 25 companies.
Trading company TP DC Sarajevo [SAJ:DCNSR] was the most traded company on the SASE during the week, contributing 3.8 million marka to the total turnover. Its shares closed the week at 27 marka, up from 26.8 marka a week earlier.
SASE’s total weekly turnover jumped to 65.8 million marka ($36.7 million/33.6 million euro) this week, from 21.1 million marka the previous week. Some 60 million marka of the total came from the sale of government securities versus 20 million marka traded in government debt paper last week. This week's turnover was generated in 62 transactions.
SASE is based in the Federation, one of the two autonomous entities that form Bosnia and Herzegovina. The Banja Luka Stock Exchange (BLSE) is based in the other entity, the Serb Republic.
The BLSE’s benchmark index, the BIRS, closed at 619.93 points on Friday, up by 7.17% compared to last Friday.
Local lender Nova Banka [BANJ:NOVB] generated the largest trading turnover, of 1.4 million marka, on the BLSE this week. The company's shares closed at 0.501 marka on Friday, down by a weekly 4.57%.
BLSE’s total trading weekly turnover jumped to 4.2 million marka this week from 251,000 marka last week. The weekly turnover was generated in 263 transactions.
(1 euro = 1.95583 marka)
Nova Banka a.d. Banja Luka is among the biggest banks in SEE. You can download our SEE Top 100 ranking
here or subscribe to our free Top 100 newsletter
here