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Serbian Share Indices Fall, Construction Firm Sloga Kovin Boosts Turnover

Dec 3, 2009, 7:09:28 PMArticle by Vera Ovanin
share
BELGRADE (Serbia), December 3 (SeeNews) – Serbian share indices fell on Thursday, ending a three day winning streak, with construction firm Sloga Kovin generating half of rising turnover, Belgrade bourse data showed. 

Serbian Share Indices Fall, Construction Firm Sloga Kovin Boosts Turnover

In single-price auction trading, Sloga Kovin surged 20% to 684 dinars ($10.8/7.1 euro) in the session's highest turnover of 74.6 million dinars. Total turnover soared to 149.8 million dinars on Thursday from 16.2 million dinars a day earlier.

“Turnover generated by Sloga Kovin was a regular, pre-agreed, single price trading session,” a broker told SeeNews.

The Belgrade bourse's blue-chip BELEX15 index backed off 0.93% to 709.72 points after ticking up 0.06% on Wednesday.

The broader BELEXline index slid 0.82% to 1,360.48 points on Thursday after gaining 0.68% in the previous trading session.

The joint SRX index of the bourses in Belgrade and Vienna lost 0.75% to 313.70 on Thursday.

Drug maker Velefarm led decliners, tumbling 5.26% to 1,278 dinars. Food company Fidelinka led gainers, surging 6.11% to 330 dinars.

In single price trading, agricultural company PIK Vrbas remained unchanged at 1,900 dinars in the day's second highest turnover of 19 million dinars. 

In regular trading, engineering holding company Energoprojekt climbed 0.11% to 883 dinars in the session’s third highest turnover of 8.0 million dinars.

Decliners outnumbered climbers 18 to 13, while the shares of 24 companies ended flat on Thursday.

(1 euro = 95.7965 Serbian dinars)

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