Serbian Shares Gain Strongly in Increased Turnover

The blue-chip BELEX15 index rose 2.68% to 663.77 points on Thursday after edging down 0.71% in the previous trading session.

The broader BELEXline  gained 3.44% to 1,311.84 points after shedding 0.18% on Wednesday.

The joint SRX index of the bourses in Belgrade and Vienna climbed 1.10% to 287.82 points in the last trading session of 2009.

Forty-three stocks gained ground, 21 lost and the share prices of 17 companies remained flat on Thursday. 

Total turnover on the BELEX increased to 155.3 million dinars ($2.33 million/1.62 million euro) from 91.1 million dinars on Wednesday.

Drug maker Velefarm surged 18.24% to 2,444 dinars in the day's highest turnover of 17.5 million dinars.

Blue chip lender AIK Banka slid 0.32% to 2,472 dinars in the second highest turnover of 12 million dinars.

In single-price auction trading, construction materials producer Sloga Novi Pazar remained flat at 435 dinars in the third highest turnover of 6.5 million dinars.

Construction company Putevi led the climbers as its shares soared 19.0% to 1,190 dinars.

Globos insurer was Thursday’s top loser with share price tumbling 11.76% to 690 dinars.

(1 euro = 95.9679 Serbian dinars)