The Serbian stock market recorded extremely modest investment activity during the week, decreasing by 1.2% to 868.3 points. Total turnover amounted to RSD 90.4m (EUR 0.8m).

The most active stock was the Petroleum Industry of Serbia (NIIS), which rose 0.5% to RSD 774 with a turnover of RSD 9m. The Brent crude oil fell below USD 80 per barrel last week, recording a weekly loss of around 4%.

Dunav Osiguranje (DNOS) has fluctuated in a narrow price range around the RSD 980 level. In the absence of public information about the company’s Q3 business trend, the stock has been anchored for a long time at levels in the range of RSD 980-1,000.

Sevojno-based Jedinstvo (JESV) fell 4.1% to RSD 7,000 with a turnover of around RSD 3m. The company was the biggest buyer in the market after canceling treasury shares acquired in the previous period in October.

Belgrade Airport (AERO) has continued with weak investment activity, registering a trading value of just RSD 0.3m. The stock fell to RSD 1,701 and, so far, has increased 6.6% in 2023.

WEEKLY REPORT, November 6-10, 2023

Belex15
Close 868.29
Weekly Change (abs) -10.50
Weekly Change (%) -1.19%
Weekly High 881.80
Weekly Low 867.56
Traded Value (RSD) 17,015,310
Najprometniji
Shares Closing Price Change Traded Value (RSD)
NIIS 774 +0.52% 9,017,539
DNOS 980 -0.20% 4,157,338
JESV 7,000 -4.10% 2,947,000
GFOM 653 -16.82% 809,119
UTSI 4,520 0.00% 361,600
Pobednici
Shares Closing Price Change Traded Value (RSD)
NIIS 774 +0.52% 9,017,539
Gubitnici
Shares Closing Price Change Traded Value (RSD)
GFOM 653 -16.82% 809,119
DINN 7,010 -6.53% 98,140
AERO 1,701 -5.55% 257,675
JESV 7,000 -4.10% 2,947,000
IRTL 1,100 -3.17% 94,600