Messer closed 4.92% lower at 25,672 dinars. A total of 29 Messer shares changed hands generating the day's largest turnover of 744,500 dinars.
Aerodrom Nikola Tesla [BEL:AERO] closed 2.26% lower at 1,902 dinars.
Aluminium rolling mill Impol Seval [BEL:IMPL] led the blue-chip gainers, adding 5.08% to 6,000 dinars.
The broader BELEXline, a free-float market capitalisation weighted index, also fell, closing 0.50% lower at 2,169.73 points.
Total turnover on the Belgrade bourse plummeted to 7.9 million dinars ($71,900/67,600 euro) on Monday from 1.14 billion dinars on Friday. Trading in Treasury bonds accounted for 6.1 million dinars of Monday's turnover.
1 euro = 117.153 dinars