Ljubljana stock indices edge up in lower turnover
Bosnia's Federation retail sales up real 8.8% y/y in Oct
Most Sofia bourse indices end higher, Eurohold paces gainers
Podravka, Adris boost Croatia’s share indices in lower turnover
Romanian stock indices turn green, MedLife shines
Sep 25, 2007 19:12 EEST
BELGRADE (Serbia), September 25 (SeeNews) – The indices on the Belgrade Stock Exchange climbed on Tuesday in bigger turnover and brokers said the rise was expected.
The blue-chip BELEX15 index rose 0.33% to 2,801.18 points, while the broader BELEXline gained 0.13% to 4,411.35. The joint SRX index of the bourses in Belgrade and Vienna went up 0.66% to 1,580.18.
The BELEX turnover rose to 485 million dinars ($8.6million/6.2 million euro) from 366 million dinars on Monday.
“It was expected that the market will gain speed a bit in September,” Aleksandar Malisic, head of Raiffeisenbank's investment department, told SeeNews.
BELEX trading was marked by tiny volumes, falling prices and dull summer mood in June, July and August.
Blue-chip Metals Banka had the biggest volume on Tuesday, slipping 0.92% to 51,477 dinars in 153 million dinars of turnover.
“Both Metals Banka and Agrobanka traded well today as one rose while the other slipped a bit,” Malisic said.
Agrobanka, also a BELEX blue-chip, gained 4.17% to 33,900 dinars in over nine million dinars turnover.
“There is market talk about potential takeovers of these two banks, but it is just a speculation. There has been no official information,” Malisic added.
(1 euro = 78.2377 dinars)
You have run out of free articles this month.
Sign up in for
and get ten (10) free articles per month or sign up for
and get unlimited access.
Browse our free newsletter options