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NIS generates more than half of Belgrade bourse turnover, share indices fall

NIS generates more than half of Belgrade bourse turnover, share indices fall Author: Belgrade Stock Exchange. License: All rights reserved.

BELGRADE (Serbia), February 20 (SeeNews) - Serbian oil and gas company NIS [BEL:NIIS] generated the highest turnover on the Belgrade Stock Exchange (BELEX) on Thursday, as stock indices fell, bourse data showed.

A total of 19,168 NIS shares changed hands in a turnover of 14.2 million dinars. NIS closed 0.14% higher at 740 dinars.

The BELEX15 index, which tracks the most liquid shares on the Belgrade Stock Exchange, ended the session down 1.14% at 808.28 points.

Insurer Globos Osiguranje [BEL:GLOS] led the blue-chip gainers' list on Thursday, as its share price rose 5.33% to 474 dinars.

The broader BELEXline, a free-float market capitalisation weighted index, closed down 0.65% at 1,759.67.

The total turnover on the bourse amounted to 20.4 million dinars ($187,300/173,300 euro) on Thursday, down from 761 million dinars on Wednesday, as 58 transactions were carried out.

Trading on the multilateral trading facility (MTP) of the stock exchange generated a turnover of 1.8 million dinars.

No Treasury bonds changed hands on the Belgrade Stock Exchange on Thursday.

In the period between February 10 and 14, BELEX15 grew by 0.57% and BELEXline rose by 0.92%.

The total value of trading on the Belgrade stock market last week was 663.9 million dinars, versus 2.195 billion dinars in the previous week.

(1 euro = 117.587 dinars)