A total of 1,617 NIS shares changed hands in turnover of 1.1 million dinars. NIS shares closed down 0.30% at 673 dinars.
The BELEX15 index, which tracks the most liquid shares on the Belgrade Stock Exchange, ended the session 0.71% lower at 747.38 points.
No blue-chip index members closed the session up on Friday.
The broader BELEXline, a free-float market capitalisation weighted index, closed down 0.12% at 1,610.13.
The total turnover on the bourse amounted to 606.3 million dinars ($5.7 million/5.2 million euro) on Friday, up from Thursday's 17.3 million dinars, as 106 transactions were carried out.
Trading on the multilateral trading facility (MTP) of the exchange generated a turnover of 2.5 million dinars.
Trading in Treasury bonds contributed 602 million dinars to the total turnover on Friday.
In the period between October 21 and 25, BELEX15 fell by 0.16% and BELEXline rose by 0.18%.
The total value of trading on the Belgrade stock market in the period between October 21 and 25 was 697.7 million dinars, versus 494 million dinars in the previous week.
Treasury bonds worth 602 million dinars changed hands on the bourse this week, versus 230.7 million dinars last week.
(1 euro = 117.592 dinars)