Stocks decline on BELEX, bonds in high demand

A decline of corporate stocks that dragged both indices down was the highlight of the start of the trading week on the Belgrade Stock Exchange (BELEX) Monday, while Serbian government bonds saw an excellent turnover.

16 Septembar 2019 18:53

BELGRADE - A decline of corporate stocks that dragged both indices down was the highlight of the start of the trading week on the Belgrade Stock Exchange (BELEX) Monday, while Serbian government bonds saw an excellent turnover.

The overall turnover was 1.7 bln dinars (14.4 mln euros).

The BELEX15 index dropped 0.1 pct to 757.47 points and BELEXline slid less than a percent to 1,617.66 points.

Komercijalna banka common stocks registered the highest turnover - 1.6 mln dinars - at 3,200 dinars per share, which was 0.3 pct less than in the previous trading session.

The bank's preferred stocks were the biggest loser of the day, dropping almost 2.9 pct to 1,350 dinars, and recorded a scant turnover.

Naftna industrija Srbije slid 0.1 pct to 671 dinars, registering a 0.7 mln dinar turnover, while Philip Morris preferred stocks closed at 4,200 dinars, declining 1.2 pct with a small turnover.

IRITEL recorded a 0.3 mln dinar turnover on the MTP market, jumping almost 20 pct to 848 dinars.

The dinar-denominated RSO19182 series of government bonds, maturing in January 2022, saw a 1.4 bln dinar turnover, while euro-denominated RSO18173 series bonds, which mature in February 2021, registered a 249.1 mln dinar (2.1 mln euro) turnover.


Photo: pixabay.com image



top of page