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Bosnian stock indices close week on positive note

Bosnian stock indices close week on positive note Slavko Sereda/

SARAJEVO (Bosnia and Herzegovina), January 11 (SeeNews) – Most of the indices of Bosnia's two stock exchanges, in Sarajevo and Banja Luka, continued the winning streak they have been enjoying since the beginning of the year and ended the week higher, bourse data indicated on Friday.

The 10-share benchmark SASX-10 index of the Sarajevo Stock Exchange (SASE) closed at 639.37 points, up from 628.72 points last Friday.

The broader SASX-30 index, which comprises the 30 most liquid stocks on the SASE, closed at 1,140.51 points, compared to 1,136.9 points last Friday.

The SASE index tracking investment funds, the BIFX, declined to 699.6 points from 708.35 points.

The Islamic stock index SASX-BBI, launched by SASE and Bosna Bank International (BBI), rose to 10,199.44 points on Friday from 10,056.23 points a week earlier. The index tracks 25 companies.

As of Monday, SASE has changed two of the components of the blue-chip SASX-10 index. SASE removed salt producer Solana [SAJ:SOLTRK3] and plastic products maker Unioninvestplastika [SAJ:UNPLR], replacing them with coal mining company RMU Banovici [SAJ:RMUBR] and foreign trade firm Sipad Komerc [SAJ:SPKMR].

SASE is based in the Federation, one of the two autonomous entities that make up 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 572.29 points on Friday, up 1.29% from a week earlier.

Bosnia's Nova Banka [BANJ:NOVB-R-E] generated the biggest trading turnover of 62,417 marka on the BLSE's official market this week.

The BLSE’s total trading turnover reached 1.875 million marka this week, generated in 119 transactions.

(1 euro = 1.95583 marka)