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Serbian blue-chip index drops, Aerodrom most traded again

Author Iskra Pavlova
Serbian blue-chip index drops, Aerodrom most traded again Photo: Belgrade Stock Exchange

BELGRADE (Serbia), November 19 (SeeNews) - The blue-chip index of the Belgrade Stock Exchange edged down on Tuesday, as airport operator Aerodrom Nikola Tesla [BEL:AERO] was the most traded company for a second consecutive session, bourse data showed.

Blue-chip Aerodrom Nikola Tesla's shares closed flat at 850 dinars in a 3.9 million dinars of turnover on Tuesday. A day earlier, the company generated a turnover of 4.27 million dinars, more than half of Monday's total.

Oil and gas company NIS [BEL:NIIS] was the only blue-chip loser on Tuesday, as its share price dropped 0.14% to 707 dinars in a 1.7 million dinar turnover.

However, in the absence of any gainers among the blue chips, the drop in NIS share price was enough to pull down the blue-chip index.

The BELEX15 index, which tracks the most liquid shares on the Belgrade Stock Exchange, ended the session 0.03% lower at 766.24 points, after falling 0.37% on Monday.

The priority shares of blue-chip Komercijalna Banka [BEL:KMBNPB], which are not included in the blue-chip index, recorded the day's highest increase, of 7.91%, closing at 1,241 dinars.

Komercijalna Banka's regular shares [BEL:KMBN], a blue-chip heavyweight, closed flat at 3,300 dinars.

The broader BELEXline, a free-float market capitalisation weighted index, added 0.35% to 1,651.84 after closing 0.49% down on Monday.

The total trading turnover of the Belgrade Stock Exchange rose to 10.3 million dinars ($97,100/87,700 euro) on Tuesday, from Monday's 7.8 million dinars, as 117 transactions were carried out.

Trading on the multilateral trading facility (MTP) of the exchange generated a turnover of 1.1 million dinars.

No Treasury bonds changed hands on the Belgrade Stock Exchange on Tuesday.

(1 euro = 117.478 dinars)