The Belex15 index, which tracks the most liquid shares on the Belgrade Stock Exchange, rose by 0.5% to reach 1,220.6 points, according to Momentum Securities brokerage.
The domestic stock market showed modest growth supported by government bonds, with a total weekly turnover of 359.2 billion dinars (around 3.1 million euros), reports Beta. The most actively traded stock was Dunav osiguranje (DNOS), which has steadily increased this year, pushing its share price to 1,700 dinars. Dunav osiguranje’s shares saw a total turnover of 7.9 million dinars and recorded a year-to-date gain of approximately 24%, contributing significantly to the market’s overall positive performance.
Shares of Messer Tehnogas (TGAS) fluctuated slightly around 35,000 dinars, with a turnover of 5.1 million dinars. At the end of September last year, Messer Tehnogas made a second attempt to consolidate ownership at a share price of 31,250 dinars, but with limited success. The majority owner holds close to 86% of the shares, and market watchers anticipate another consolidation attempt.
Impol Seval (IMPL) shares traded near 7,800 dinars, with a turnover of 3.4 million dinars. This price is close to the historic high of 8,300 dinars reached in September last year, driven by expectations of a profitability recovery after a challenging previous year.
Shares of Energoprojekt Holding (ENHL) declined by 5.1% to 560 dinars, with a turnover of 1.1 million dinars. Jedinstva Sevojno (JESV) shares also dropped by 1.8% to 8,350 dinars amid modest trading. Jedinstva Sevojno is set to publish its business results for the first half of the year on Wednesday, July 30, the brokerage noted.
