The index of the most liquid shares on the Belgrade Stock Exchange, Belex15, strengthened by 0.3 percent last week, to 876.8 points, the Momentum Securities brokerage announced today.
“In the second quarter, the Oil Industry of Serbia (NIS) made a profit of only two billion dinars, compared to about 28 billion last year,” the announcement stated.
It is added that it was known that the results of NIS would be worse compared to last year, when that company enjoyed a favorable environment of high crude oil prices and extraordinarily high demand due to stockpiling, but the decline was beyond expectations.
The announcement of those results brought a lot of pressure on the supply side, so NIS shares ended the week below the psychological limit of 700 dinars, where they were last at the end of January of the current year. The total turnover in the trading of that paper was 10.2 million dinars.
Shares of Dunav osiguranje continued the trend of slight recovery and ended the week up 1.4 percent at 1,011 dinars. The total turnover in the trading of that paper was 3.1 million dinars.
After a long time, the shares of Metalac from Gornji Milanovac were also among the most traded shares, with a turnover of 2.2 million dinars, with a slight increase in the price to 1,600 dinars.
The price of the Philip Morris priority share jumped 3.3 percent, to 7,229 dinars, with little trading. Last week, the company paid its shareholders a dividend from last year’s profit in the amount of 588.3 dinars per share, which is a record dividend for the owners of that class of shares.
The winners were led by Jedinstvo from Sevojno, whose shares jumped almost ten percent, to 7,149 dinars, with little trading.
