The Belex15 index, which tracks the most liquid stocks on the Belgrade Stock Exchange, rose by 0.9% last week, reaching 1,159.5 points, according to a report from Momentum Securities brokerage. The total trading volume amounted to 67.5 million dinars, approximately 600 million euros.
The most actively traded stock was “Dunav osiguranje,” whose share price surged by 6.3% to 1,626 dinars, with a turnover of 9.2 million dinars. This marked the highest value of the stock since April 2022, when a distribution of free shares to employees had significantly lowered its value. There is speculation that the company may soon announce its annual financial results and plans for profit distribution.
The share price of “Nikola Tesla” Airport closed the week at 2,000 dinars, with a turnover of eight million dinars. Notably, for the first time in a while, the stock reached this “psychological” price level without any unsatisfied offers.
The price of “Metalac” shares from Upper Milan also increased slightly to 2,000 dinars, though with a more modest trading volume of 800 million dinars. The company recently published last year’s operating results, which showed nearly double the net profit, reaching 547.6 million dinars, driven by a significant rise in financial income from subsidiary companies.
Lastly, the implementation of U.S. sanctions against the Oil Industry of Serbia (NIS) has been postponed for another month, but there is no indication of when the suspension of NIS shares trading might be lifted.
