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Sarajevo bourse indices end mostly down in trading week ended Feb 29

Mar 1, 2024, 9:52:55 AMArticle by Dragana Petrushevska
share
March 1 (SeeNews) - The share indices of Bosnia and Herzegovina's Sarajevo Stock Exchange (SASE) closed mostly lower on February 29, this week's last trading day, compared to the levels at the end of the previous week, bourse data showed.

Sarajevo bourse indices end mostly down in trading week ended Feb 29
Photo: Bosnalijek

The bourse is closed on March 1 due to a public holiday.

On the Sarajevo Stock Exchange (SASE), the 10-share benchmark SASX-10 equity index fell 0.06% on a weekly basis, to close at 951.45 points on Thursday. The broader SASX-30 index, which is composed of the 30 most liquid stocks on the SASE, went down 0.65% to finish at 1,880.38 points.

The SASE index tracking investment funds, the BIFX, ended the week at 685.65 points, down 0.70% compared with the end of the previous trading week.

The Islamic stock index SASX-BBI, launched by the SASE and Bosna Bank International (BBI), added 0.54% to 10,581.62 points.

SASE’s turnover increased to 585,947 marka ($323,904/299,590 euro) in four trading sessions this week from 283,341 marka in five trading sessions last week, as a total of 122,881 shares changed hands in 81 transactions.

Pharmaceuticals producer Bosnalijek [SAJ:BSNLR] was the most traded company this week, with a turnover of 21,696 marka, as its shares fell to 20.37 marka on Thursday from 21.5 marka at the end of the previous trading week.

The SASE is based in the Federation, one of two autonomous entities that form Bosnia and Herzegovina. Bosnia has another stock exchange, the Banja Luka Stock Exchange, based in the other entity, the Serb Republic.

(1 euro = 1.956 marka)

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