SARAJEVO (Bosnia and Herzegovina), August 18 (SeeNews) – Bosnia's Sarajevo Stock Exchange (SASE) said on Friday it will launch its fifth stock index, SASX-Fundamentals (SASX-FN), on August 21.
SASX-FN is made up of the top 15 companies on the bourse in terms of the profit they achieved from operating activities in the last financial year, SASE said in a statement.
The index will not comprise investment funds, banks, insurance companies, issuers in bankruptcy and issuers whose headquarters are not based in the Federation.
The companies making up the new index are: BH Telecom, cement producer Tvornica Cementa Kakanj, drug maker Bosnalijek, coal mine operator RMU Banovici, ammunition manufacturer Igman, arms and ammunition maker UNIS Ginex, power utility EP BiH, wholesale trader Magros Veletrgovina, artillery shells manufacturer Pretis, car spare parts manufacturer Mann Hummel BA, metal processing firm Prevent FAD, bakery group Klas, power utility EP HZHB, diversified company Unigradnja and food company Vispak.
SASE is one of two bourses operating in Bosnia and Herzegovina. The other one is based in Banja Luka.