Serbian Share Indices Extend Downward Move, Turnover Halves

The bourse's blue-chip BELEX15 index fell 1.84% to 806.57 points after shedding 0.77% on Monday. The broader BELEXline index lost 1.73% to 1,535.56 points after ticking down 0.71% on the first working day after the weekend.

The joint SRX index of the bourses in Belgrade and Vienna dropped 1.42% to 366,72 on Tuesday.

The Belgrade bourse’s total turnover halved to 53.9 million dinars ($859,032/578,044 euro) on Tuesday.

Blue chip AIK Banka posted the session’s largest turnover of 14.3 million dinars. Shares fell 2.56% to 2,932 dinars.

Wine maker Vino Zupa was runner-up with a turnover of 7.4 million dinars. Shares lost 2.28% to 8,599 dinars.

The shares of Hotel Narvik ended flat at 1,162 dinars in the third largest turnover of 6.3 million dinars.

Brewer Beogradska Industrija Piva posted the biggest gain, climbing 1.69% to 60 dinars.

Food company Fidelinka paced the fallers, losing 9.70% to 363 dinars.

Decliners outnumbered advancers 33 to eight, while the shares of 15 companies ended flat.

(1 euro=93.2525 Serbian dinars)