Sarajevo bourse's indices fall in Jan, turnover slumps

A total of 53,614 shares changed hands in 131 transactions on the bourse in January, the SASE said in a monthly trading update.

The 10-share benchmark SASX-10 index of the SASE closed January at 1,022.90 points, down 2.51% compared with its value at the end of December.

The broader SASX-30 index, which is composed of the 30 most liquid stocks on the SASE, edged down 1.31% month-on-month to 1,894.88 points at the end of January.

The SASE index tracking investment funds, the BIFX, was 1.89% lower on a monthly comparison basis at the end of January, at 710.33 points.

The Islamic stock index SASX-BBI of the SASE and Bosna Bank International (BBI) closed at 11,001.65 points at the end of January, down 2.42% from the end of the previous month. The index tracks 25 companies.

The SASE's total market capitalisation amounted to 6.41 billion marka at the end of January, down compared with 6.46 billion marka at the end of the previous month.

Elektroprivreda BiH [SAJ:JPESR] generated the highest trading turnover among the SASE-listed companies in January. Its shares changed hands in 19 transactions that formed a turnover of 123,230 marka combined. Its shares traded at 12.5 marka at the end of January, some 7.34% 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)