The focus of foreign investors on Serbia's dinar bonds

Investment activity on the Belgrade Stock Exchange declined Tuesday, which is not uncommon during the summer holidays, BELEX indices neutralized the losses since Monday, and in particular foreign investors focused on dinar government securities.

13 Avgust 2019 20:07

BELGRADE - Investment activity on the Belgrade Stock Exchange declined Tuesday, which is not uncommon during the summer holidays, BELEX indices neutralized the losses since Monday, and in particular foreign investors focused on dinar government securities.

Total trading turnover amounted to 55.4 million dinars (470.4 thousand euros).

The BELEX15 index of the most liquid stocks gained about 0.4 percent, closing the trading at 746.15 points, while BELEXline gained 0.3 percent to 1.570.31 points.

The most traded on the market was Nikola Tesla Airport, which, with a price increase of 1.2 percent to 850 dinars, recorded trading worth 4.2 million dinars.

The Serbian oil industry has advanced 0.9 percent to a price level of 688 dinars, with sales of slightly less than 4.2 million dinars.

Dunav Osiguranje led the day's winners, jumping 5.0 percent to 2,100 dianrs, the highest level in the last 12 months, and traded at RSD 1.0 million.

Foreign investors accounted for 38.99 percent of the total stock market turnover, 55.18 percent and 22.8 percent, respectively.

Two series of RSD bonds were traded together for 41.4 million dinars, with the RSO19182 series, with a maturity date of January 2022, recording a turnover of 29 million dianrs. Foreign investors accounted for 65 per cent of the turnover of sovereign debt securities.

Photo Tanjug/F.Kraincanic, file


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