The domestic stock market saw a modest recovery for the second consecutive week, accompanied by slightly larger investment activity. The Belex15 index rose by 0.9% to 1,219.3 points, while the total turnover on the market amounted to RSD 870.8m (EUR 7.4m).
The most active stock was Belgrade Airport (AERO), which saw a slight weakening to RSD 2,084 with a turnover of RSD 10.9m. The stock reached its historical high of RSD 2,500 in December of last year, and at the start of the year it fell due to a recapitalization at a significantly lower level than the market price.
Shares in Metalac (MTLC) remained at the psychological RSD 2,000 level, with a turnover of RSD 4.1m. Constructor Energoprojekt Holding (ENHL) remained at RSD 497, with a turnover of RSD 3.5m, in anticipation of a decision on the squeeze-out procedure.
Shares in Dunav Osiguranje (DNOS) continued to show signs of recovery, reaching RSD 1,890 with a turnover of RSD 3.2m. Shares of Tehnogas (TGAS) increased by 3.2% to RSD 35,000, playing a significant role in the index’s recovery. The stock recently fell to RSD 31,000, which is close to the price in the public offer to take over Messer in the autumn of 2024.
Source: Momentum
