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Sarajevo Stock Exchange indices mostly up amid lower turnover in July

Sarajevo Stock Exchange indices mostly up amid lower turnover in July Author: Radomir Ralev

SARAJEVO (Bosnia and Herzegovina), August 3 (SeeNews) - Most indices on Bosnia's Sarajevo Stock Exchange (SASE) advanced in July as total turnover dropped to 77.8 million marka ($40.6 million/39.8 million euro), compared with 123.8 million marka generated in June, the bourse said on Wednesday.

A total of 615,296 shares changed hands in 230 transactions on the bourse in July, the SASE said in a monthly trading update.

In July 2021, total trading turnover on the SASE came in at 3.2 million marka.

The 10-share benchmark SASX-10 index of the SASE closed July 2022 at 1,020.96 points, up 0.80% compared with its value at the end of June.

The broader SASX-30 index, which is composed of the 30 most liquid stocks on the SASE, edged up 0.37% month-on-month in July, to 1,690.51 points.

The SASE index tracking investment funds, the BIFX, was 0.45% lower on a monthly comparison basis at the end of July, at 831.81 points.

The Islamic stock index SASX-BBI of SASE and Bosna Bank International (BBI) closed at 11,599.88 points at the end of July, up 0.03% month-on-month. The index tracks 25 companies.

SASE's total market capitalisation amounted to 5.68 billion marka in July, slightly down from 5.69 billion marka at the end of the previous month.

BH Telecom [SAJ:BHTS] generated the highest trading turnover among the SASE-listed companies in July. Its shares changed hands in 5 transactions worth a total of about 4 million marka. The telco's shares closed 2.19% higher at 14.17 marka on Tuesday. They did not trade by 11:15 CET on Wednesday.

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)