Serbian Share Indices Mostly Extend Slide, Turnover Surges

The blue-chip BELEX15 index of the Belgrade Stock Exchange shed 0.62% to 814.85 points after losing 1.07% on the last working day before the weekend. The broader BELEXline index slid 0.39% to 1,545.82 points after edging down 0.23% on Friday.

The joint SRX index of the bourses in Belgrade and Vienna edged up 0.4% to end at 371.05 on Monday.

The Belgrade bourse's total turnover jumped to 121.6 million dinars ($1.94 million/1.31 million euro) from 42.7 million dinars on Friday. Trade in government bonds generated 7.04 million dinars, down from 9.6 million dinars on Friday.

Blue-chip AIK Banka slid 0.4% to 3,005 dinars in the session’s highest volume of 29.1 million dinars.

Blue-chip soybean producer Sojaprotein tumbled 6.01% to 1,094 dinars in the second highest turnover of 25.4 million dinars.

The Tesla light bulb factory stayed flat at 116 dinars in the third highest turnover of 12.3 million dinars.

Mechanical engineering company Progres posted the biggest gains on Monday. Shares soared 20.15% to 161 dinars.

Local brewery BIP was the biggest faller, plummeting 7.69% to 60 dinars.

Decliners outnumbered gainers by 20 to 17, while the shares of 26 companies ended flat on Monday.

(1 euro=92.9798 Serbian dinars)