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The index of the most liquid stocks, Belex15, increased by 1.1 percent last week

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The index of the most liquid stocks, Belex15, on the Belgrade Stock Exchange increased by 1.1 percent last week, with a total turnover of 718.2 million dinars or 6.1 million euros, as announced today by the brokerage firm Momentum Securities.

“The trend of strong trading volumes in Messer Tehnogas shares continued, with a 4.6 percent increase in the past week, reaching 17,251 dinars. The total turnover amounted to 32.5 million dinars. Since mid-January, this stock has experienced increased trading activity, and its price has risen by more than 10 percent during that period,” stated the announcement.

The stock of Naftna industrija Srbije (NIS) slightly weakened last week to 811 dinars, with a turnover of 15.6 million dinars.

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The company reported annual financial results that fell below expectations, with a 52 percent decrease in the company’s profit to 44.2 billion dinars. Shareholders could expect a dividend of approximately 65 dinars per share, translating to a dividend yield of just under eight percent at the current price.

The price of Metalac’s stock increased by 1.6 percent, reaching 1,550 dinars, with a turnover of 4.8 million dinars. The company stated that the past year was solid, and they achieved results above the plan, with a 10 percent growth in revenue and profit.

The stock of Dunav Osiguranje was priced at approximately 920 dinars, with a turnover of 3.6 million dinars.

The price of the “Nikola Tesla” Airport stock increased by 1.5 percent, reaching 1,750 dinars with a low trading volume. The company reported a profit of 250.2 million dinars last year, primarily attributed to increased revenue from the implementation of contracted investments by the concessionaire.

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