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.

WEEKLY REPORT, March 17-21, 2025

Belex15
Close 1,149.11
Weekly Change (abs) +4.88
Weekly Change (%) +0.43%
Weekly High 1,152.04
Weekly Low 1,146.14
Traded Value (RSD) 12,088,894
Most active
Shares Closing price Change Trading value (RSD)
AERO 1,991 +0.10% 5,972,563
DNOS 1,530 +1.86% 3,860,575
MTLC 1,940 -0.51% 2,140,850
ZTPK 15,500 +0.01% 511,500
JGPK 8,000 0.00% 440,000
Gainers
Shares Closing price Change Trading value (RSD)
AMSO 3,400 +17.24% 136,000
ENHL 440 +9.45% 75,656
DNOS 1,530 +1.86% 3,860,575
AERO 1,991 +0.10% 5,972,563
GFOM 1,605 +0.06% 104,325
Decliners
Shares Closing price Change Trading value (RSD)
LSTA 270 -9.70% 9,720
JESV 7,850 -1.88% 39,250
MTLC 1,940 -0.51% 2,140,850