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Weak traffic on the Belgrade Stock Exchange - Serbia Business

Weak traffic on the Belgrade Stock Exchange

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The index of the most liquid shares on the Belgrade Stock Exchange weakened last week by 0.7 percent, to 891.2 points, mostly due to the drop in the value of the shares of the Oil Industry of Serbia (NIS), brokerage house Momentum Securities announced today.

The total turnover on the market last week was only 0.9 million euros.

For the first time since November last year, NIS shares fell by 1.8 percent, to 762 dinars, with a turnover of only 3.7 million dinars. The large drop in investment activity in NIS is largely a consequence of the turmoil in the world financial market, which temporarily dropped the price of crude oil to around $70 per barrel, where it was last at the end of 2021.

During the past week, the share of Dunav osiguranje was traded the most, the value of the turnover was 10.5 million dinars with a slight price increase of 0.4 percent to 1,182 dinars, but the largest part of the turnover was realized at the price of 1,200 dinars, above which this share last traded. found, in the middle of October last year.

Dunav osiguranje, as stated, last year, according to preliminary data, made a profit of 1.3 billion dinars, which is almost half as low as compared to the previous year.

Shares of Messer Tehnogas fell slightly to 13,261 dinars, with a turnover of 2.8 million dinars, while those securities of Metalac from Gornji Milanovac fell 3.3 percent, to 1,620 dinars, with a turnover of 1.4 million dinars.

The turnover of shares of “Nikola Tesla” Airport amounted to 1.6 million dinars, the shares slightly strengthened to 1,865 dinars, while the priority shares of Philip Morris returned again above the level of 7,000 dinars, but with minor turnover.

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