The Beleks15 index witnessed a 0.7 percent increase last week, reaching just under 969 points, as reported by Momentum Securities brokerage today. With a year-to-date yield of 10.7 percent, the market continues to show promising performance.
The total market turnover amounted to 756.3 million dinars, equivalent to approximately 6.5 million euros.
Leading the trading activity was the Oil Industry of Serbia (NIS), experiencing a 1.5 percent price surge to 835 dinars, with a turnover of 14.3 million dinars. Most transactions occurred at 850 dinars, nearing the paper’s multi-year peak set in May of the previous year.
Messer Tehnogas shares also saw notable turnover, reaching 10.5 million dinars by the end of the week, closing slightly higher at 24,005 dinars. Throughout the week, the stock attracted significant demand around 24,000 dinars, indicating anticipation for Messer’s impending takeover offer.
Following a series of consistent declines, Jedinstvo shares showed a modest uptick on Friday, though with minimal sales. Despite this, the stock achieved a total weekly turnover of 7.7 million dinars, coupled with a 2.7 percent price increase, closing at 7,500 dinars.
Conversely, shares of Dunav Osiguranje experienced a 1.9 percent decline, settling at 991 dinars, with a turnover of 1.8 million dinars.
Momentum Securities noted, “The transport company Lasta saw solid share sales totaling 10.1 million dinars, indicative of the ongoing ownership consolidation within the company.”
