December 7 (SeeNews) - The indices on Bosnia and Herzegovina's Sarajevo Stock Exchange (SASE) closed lower in November as total turnover dropped to 5 million marka ($2.7 million/2.6 million euro), compared with 12.9 million marka generated in October, the bourse said on Wednesday.
A total of 614,323 shares changed hands in 286 transactions on the bourse in November, the SASE said in a monthly trading update.
In November 2021, total trading turnover on the SASE came in at 4.7 million marka.
The 10-share benchmark SASX-10 index of the SASE closed November 2022 at 1,067.58 points, down 4.09% compared with its value at the end of October.
The broader SASX-30 index, which is composed of the 30 most liquid stocks on the SASE, went down 1.49% month-on-month in November, to 1,742.95 points.
The SASE index tracking investment funds, the BIFX, was 2.95% lower on a monthly comparison basis at the end of November, at 833.02 points.
The Islamic stock index SASX-BBI of SASE and Bosna Bank International (BBI) closed at 11,391.90 points at the end of November, down 5.91% month-on-month. The index tracks 25 companies.
SASE's total market capitalisation amounted to 5.8 billion marka in November, down from 6.1 billion marka at the end of the previous month.
Pharmaceuticals producer Bosnalijek [SAJ:BSNLR] generated the highest trading turnover among the SASE-listed companies in November - 10,474 marka. The company's shares traded 1.79% higher at 28.50 marka by 11:20 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)