Belex15 index jumps by 2.5% in November – Turnover at Belgrade Stock Exchange EUR 43 million

For the third month in a row, the local stock market continued to grow, with a solid November turnover of RSD 5.3 billion (EUR 43.3 million).

The index of the most liquid shares at the Belgrade Stock Exchange, Belex15, rose by an additional 2.5% to 694.6 points, thereby reaching its highest level in the past 17 months. The most liquid shares in the market grew by slightly less than 8% YTD.

The most traded issuer was Komercijalna Banka, which jumped by 7.8% to RSD 1,790 with RSD 91.8 million in trading value, followed by Naftna Industrija Srbije, which continued the growth which had started in early October by adding an additional 2.7% to RSD 674, with the turnover amounting to RSD 89.1 million.

The Nikola Tesla Airport was among the rare losers, with a drop of 4.1% to RSD 1,084, but this was largely a consequence of the company’s approval of interim dividend payment of RSD 41.3 per share during the observed month.

Energoprojekt Holding also did remarkably well, reaching the level of RSD 1,420, the highest value of this stock since September 2008, with a turnover of RSD 50.8 million, Wisebroker reports.

Beogradska berza a.d. Beograd

NLB Komercijalna banka AD Beograd

NIS a.d. Novi Sad

A.D. Aerodrom Nikola Tesla Beograd

Energoprojekt Holding a.d. Beograd

Belex15