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Sarajevo bourse indices mostly rise in May amid lower turnover

Jun 7, 2024, 10:09:23 AMArticle by Dragana Petrushevska
share
June 7 (SeeNews) - Bosnia's Sarajevo Stock Exchange (SASE) said that total trading turnover on the bourse dropped to 59.7 million marka ($33.3 million/30.5 million euro) in May, from 65.7 million marka generated the previous month, as most of its indices closed higher.

Sarajevo bourse indices mostly rise in May amid lower turnover
Photo: All Rights Reserved

A total of 288,628 shares changed hands in 122 transactions on the bourse in May, the SASE said in a monthly trading update on Thursday.

The 10-share benchmark SASX-10 index of the SASE closed May at 993.38 points, up 2.93% compared with its value at the end of April.

The broader SASX-30 index, which is composed of the 30 most liquid stocks on the SASE, edged up 0.08% month-on-month to 1,919.93 points at the end of May.

The SASE index tracking investment funds, the BIFX, was 8.74% lower on a monthly comparison basis at the end of May, at 586.71 points.

The Islamic stock index SASX-BBI of the SASE and Bosna Bank International (BBI) closed at 11,219.80 points at the end of May, up 2.96% from the end of the previous month. The index tracks 25 companies.

The stock exchange's total market capitalisation amounted to 6.39 billion marka at the end of May, up compared with 6.33 billion marka at the end of the previous month.

BH Telecom [SAJ:BHTS] generated the highest trading turnover among the SASE-listed companies in May. Its shares changed hands in 34 transactions that formed a total turnover of 217,641 marka. They traded at 13.10 marka at the end of May, some 2.24% lower compared with the end of the previous month.

The SASE is based in the Federation, one of two autonomous entities that form Bosnia and Herzegovina. The country's other bourse, the Banja Luka Stock Exchange (BLSE), is based in the other entity, the Serb Republic.

(1 euro = 1.956 marka)

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