The domestic stock market continued its upward trend with modest turnover for the sixth week. Total turnover last week amounted to RSD 47.4m (EUR 0.4m), while the Belex15 index rose by 0.4% to 1,149.1 points.
The most active stock was Belgrade Airport (AERO), which recorded a turnover of RSD 6.0m, mostly at levels slightly below RSD 2,000. The stock has been hovering around this psychological limit for five months, but the last two months have seen more than sporadic demand.
Shares in Dunav Osiguranje (DNOS) rose by 1.9% to RSD 1,530, with a turnover of RSD 3.9m. So far this year, the stock has increased by around 11% and is the strongest member of the benchmark index, which was only slightly positive over the same period.
Gornjomilanovac-based Metalac (MTLC) weakened by 0.5% to RSD 1,940 with a turnover of RSD 2.1m. The company announced that it will publish its non-consolidated FY24 results on Tuesday, March 25.
Other stocks recorded significantly lower turnover. Shares in Energoprojekt Holding (ENHL) rose by 9.5% to RSD 440, with low turnover, while Jedinstvo Sevojno (JESV) fell by 1.9% to RSD 7,850, also on low turnover.
Source: Momentum
