The domestic stock market registered a slight gain last week, accompanied by relatively modest trading activity. The Belex15 index rose by 0.5% to 1,374.2 points, while total trading turnover reached RSD 33.6m (EUR 0.3m).
The most active stock was Belgrade Airport (AERO), which declined by 1.4% to RSD 2,060, generating a turnover of RSD 6.6m. The stock has been displaying slight fluctuations within a narrow range of RSD 2,000–2,100, a pattern that has persisted over the past few months.
Messer Tehnogas (TGAS) maintained its position close to its all-time high of RSD 60,000, achieving a turnover of RSD 4.9m. The stock has increased substantially over the past month, with market expectations that this may indicate the final consolidation of ownership in the company.
Insurer Dunav Osiguranje (DNOS) increased by 1.3% to RSD 1,844, with turnover of RSD 2.1m. Metalac (MTLC) also contributed to the index’s growth, climbing 5.1% to RSD 2,100 on low trading volume. The preferred shares in Philip Morris (DINNPB) remained flat at RSD 9,100, with a trading volume of RSD 2.8m.
Source: Momentum
