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Bosnia's SASE share indices rise in week ended Jun 10, BLSE main index down

Bosnia's SASE share indices rise in week ended Jun 10, BLSE main index down Author: Radomir Ralev

SARAJEVO (Bosnia and Herzegovina), June 10 (SeeNews) - The share indices of Bosnia's Sarajevo Stock Exchange (SASE) closed higher on Friday, compared to their values a week earlier, while the main index of the country's other bourse, the Banja Luka Stock Exchange (BLSE), edged down, bourse data showed.

The 10-share benchmark SASX-10 index of the SASE ended Friday's session at 1,025.57 points, up 5.94% compared with its closing value on June 3.

The broader SASX-30 index, which is composed of the 30 most liquid stocks on the SASE, edged up 0.29% to 1,682.33 points.

The SASE index tracking investment funds, the BIFX, closed at 838.34 points, 0.02% higher compared with June 3.

The Islamic stock index SASX-BBI, launched by SASE and Bosna Bank International (BBI), went up 2.44% to 11,438.77 points. The index tracks 25 companies.

SASE’s turnover came in at nearly 8 million marka ($4.3 million/4.1 million euro) this trading week, higher than 1.7 million marka last week. A total of 85,011 shares changed hands in 63 transactions.

Arms manufacturer Igman Konjic [SAJ:IGKC] generated the highest revenue on SASE this week, of 3.99 million marka. Its shares last traded on June 7, closing 4.43% higher at 165 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 781.73 points on Friday, down 0.90% compared to its closing value recorded a week earlier.

The bourse's total trading turnover grew to 1.9 million marka this week from 1.3 million marka last week, as 94 transactions were carried out.

Telekom Srpske [BANJ:TLKM-R-A] generated the largest trading turnover, of 379,268 marka, on the BLSE's official market this week. The company's shares closed flat at 1.50 marka on Friday.

(1 euro = 1.95583 marka)

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