Serbian share indices rise

The blue-chip BELEX15 index, which tracks the most liquid shares on the Belgrade Stock Exchange, gained 1.15% to 660.85 points after adding 0.57% on Friday.

The broader BELEXline index closed higher 1.07% to 1,328.39 after ending up 0.25% in the previous trading session.

The joint SRX index of the bourses in Belgrade and Vienna added 0.70% in euro terms to 197.85 after gaining 1.78% on Friday.

Total turnover rose to 57 million dinars ($576,000/470,000 euro) from 25.8 million dinars on Friday.

Oil and gas company NIS [BEL:NIIS] generated the session's largest turnover of 42.6 million dinars, closing down 2.34% at 751 dinars.

The preferred stock of lender Komercijalna Banka [BEL:KMBNPB] led the session's gainers, closing 20% higher at 1,440 dinars with one share changing hands. The company's ordinary shares gained 4.41% to 2,298 dinars in a volume of 133.

The preferred shares of tobacco company Philip Morris Operations [BEL:DINNPB] paced the decliners, falling 5.85% to 2,316 dinars with 100 shares changing hands. The company's ordinary shares were not traded.

(1 euro=121.3877 Serbian dinars)