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Sarajevo Stock Exchange indices mostly up amid higher turnover in June

Sarajevo Stock Exchange indices mostly up amid higher turnover in June Author: Radomir Ralev

SARAJEVO (Bosnia and Herzegovina), July 6 (SeeNews) - Most indices on Bosnia's Sarajevo Stock Exchange (SASE) advanced in June as total turnover rose to 123.8 million marka ($64.5 million/63.3 million euro), compared with 8.7 million marka generated in May, the bourse said on Wednesday.

A total of 1,353,266 shares changed hands in 276 transactions on the bourse in June, the SASE said in a monthly trading update.

In June 2021, total trading turnover on the SASE came in at 119.7 million marka.

The 10-share benchmark SASX-10 index of the SASE closed June 2022 at 1,012.88 points, up 6.15% compared with its value at the end of May.

The broader SASX-30 index, which is composed of the 30 most liquid stocks on the SASE, edged up 0.43% month-on-month in June, to 1,684.23 points.

The SASE index tracking investment funds, the BIFX, was 0.43% lower on a monthly comparison basis at the end of June, at 835.61 points.

The Islamic stock index SASX-BBI of SASE and Bosna Bank International (BBI) closed at 11,596.34 points at the end of June, up 3.58% month-on-month. The index tracks 25 companies.

SASE's total market capitalisation amounted to 5.69 billion marka in June, up from 5.64 billion marka at the end of the previous month.

Arms manufacturer Igman Konjic [SAJ:IGKC] generated the highest trading turnover among the SASE-listed companies in June. Its shares changed hands in 5 transactions worth a total of about 4 million marka. The company's shares last traded on the bourse on July 1, closing 0.61% lower at 164 marka.

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 = 1.95583 marka)