July 31 (SeeNews) - The Sarajevo Stock Exchange (SASE) has replaced three components of its Islamic stock index SASX-BBI, following a regular index review, it said.
The bourse added bus company Centrotrans Eurolines, medical devices producer Saniteks and manufacturer of filters for the automotive industry Mann+Hummel to the index, with effect as of July 31, it said in a statement on Friday.
Mining company Rudnici Boksita Jajce, coal mining company RMU Banovici and water management consultancy services provider Zavod za Vodoprivredu were dropped from the index.
The SASE BBI Islamic index, launched by the SASE and Bosna Bank International (BBI), is made up of shares of the top 25 companies on the bourse which work in line with the conditions from the Shariah methodology of BBI.
The SASE is one of two bourses operating in Bosnia and Herzegovina. The other one is based in Banja Luka.