December 28 (SeeNews) - Telecommunications company JP Hrvatske Telekomunikacije (HT Mostar) [SAJ:HTKMR] replaced insurer Sarajevo Osiguranje [SAJ:SOSOR] in the blue-chip SASX-10 index of the Sarajevo Stock Exchange (SASE), the bourse said.
The change in the SASX-10 composition is a result of an extraordinary revision, with the changes taking effect as of December 27, SASE said in a statement last week.
The revision was prompted by a change in the freefloat of ASA Banka in a volume of more than 10%.
Following the changes, HT Mostar will have an index participation of 2.3% among the ten SASX-10 members.
HT Mostar's shares last traded on the bourse on November 1, when they closed 1.66% lower at 2.95 marka ($1.6/1.5 euro).
Sarajevo Osiguranje's shares last traded on November 17, closing down 0.36% at 13.75 marka.
The SASE is one of two bourses operating in Bosnia and Herzegovina. The other one is based in Banja Luka.
(1 euro = 1.95583 marka)