Over the last five trading days, the Serbian stock market grew with modest investment activity. Total turnover on the market amounted to RSD 155.2m (EUR 1.3m), while the Belex15 index rose by 1.2% to 997.1 points.

The Petroleum Industry of Serbia (NIIS) was the most traded stock in the index basket, with an unchanged price of RSD 800 and a narrow fluctuation range of 790-810 dinars. Total turnover amounted to RSD 10.2m.

Insurer Dunav Osiguranje (DNOS) rose by 4.4% to RSD 1,021, reaching an RSD 1,079 level during the week. The total stock turnover amounted to RSD 3.8m. Dunav paid a dividend of RSD 51.64 per share from last year’s profit on Friday.

Energoprojekt Holding (ENHL) was once again among the most traded shares, with a turnover of RSD 1.9m and a slight increase to RSD 370. Trading in the stock has intensified over the past month, and the company’s majority owner, Napred Razvoj, was seen among the buyers.

Outside the index basket, Nis-based Žitopek (ZTPK) was the most traded, with a turnover of RSD 14.8m and an increase of 2.5% to RSD 8,172. At the same time, the majority owner, Don Don, announced a takeover bid at RSD 6,047 per share, valid till July 15.

WEEKLY REPORT, July 1-5, 2024 

Belex15
Close 997.11
Weekly Change (abs) +11.39
Weekly Change (%) +1.16%
Weekly High 1,004.92
Weekly Low 975.22
Traded Value (RSD) 16,323,766
Most Active
Shares Closing Price Change Traded Value (RSD)
ZTPK 8,172 +2.50% 14,785,695
NIIS 800 0.00% 10,205,093
DNOS 1,021 +4.40% 3,812,127
PPTA 650 -1.52% 2,254,850
ENHL 370 +1.09% 1,850,000
Gainers
Shares Closing Price Change Traded Value (RSD)
GFOM 1,635 +8.93% 783,300
DNOS 1,021 +4.40% 3,812,127
UTSI 4,800 +4.08% 244,800
ZTPK 8,172 +2.50% 14,785,695
TGAS 24,500 +2.07% 247,500
Decliners
Shares Closing Price Change Traded Value (RSD)
RVST 14,000 -6.67% 154,000
IRTL 1,292 -4.30% 16,796
LSTA 570 -1.72% 117,590
PPTA 650 -1.52% 2,254,850
JESV 7,400 -0.67% 37,000