Galenika Fitofarmacija leads blue-chip gainers' list on Belgrade bourse, share indices decline

Galenika Fitofarmacija won 3.77% and closed at 2,725 dinars, as 36 of its shares changed hands, generating a turnover of 98,100 dinars.

Oil and gas company NIS [BEL:NIIS] was the most traded stock on the bourse on Tuesday, as 1,148 of its shares changed hands in 14 deals, generating a turnover of 784,460 dinars. The company lost 0.73% and closed at 683 dinars.

The blue-chip BELEX15 index, which tracks the most liquid shares on the Belgrade bourse, fell 0.28% to 715.89 points on Tuesday. On Monday, the index went down 0.89%.

The broader BELEXline, a free‐float market capitalisation weighted index, declined 0.57% on Tuesday and closed at 1,540.27 points, after falling 0.70% on Monday.

Industrial chemicals producer Messer Tehnogas [BEL:TGAS] paced the blue-chip decliners on the Belgrade Stock Exchange on Tuesday, as it lost 3.13% to 11,801 dinars. The company generated a share turnover of 23,602 dinars, as only two of its shares changed hands.

The total stock trading turnover on the bourse rose to 3.5 million dinars ($34,304/29,308 euro) on Tuesday from 22 million dinars on Monday, as 67 share transactions were carried out. Trading on the multilateral trading facility (MTP) of the bourse came in at 902,470 dinars.

Trading in treasury bonds generated 199.1 million dinars of the bourse's total turnover of 202.6 million dinars. A total of 18,465 bonds of the dinar-denominated RSO15105 issue, bearing a coupon of 10% and maturing on March 2, 2018, changed hands.

(1 euro = 119.421 dinars)