Government bonds bring extraordinary turnover

The domestic stock market saw a slight uptick last week, with government bond trading contributing to above-average turnover. The total market turnover amounted to RSD 5.3 billion (EUR 44.8 million), while the benchmark Belex15 index gained 0.4 percent to 1,370.2 points.

Messer Tehnogas (TGAS) was the most traded stock, with a turnover of RSD 4.9m, mostly at the RSD 60,000 level. The stock continues to perform strongly, maintaining its position as the top-performing constituent of the Belex15 index for the year. It has recorded a gain of approximately 60 percent in 2026, so far.

Belgrade Airport (AERO) decreased 0.5% to RSD 2,024 on a turnover of RSD 3.3m. VINCI, the concessionaire of Belgrade Airport, has announced that passenger traffic in September increased by 6.3% compared to the same period last year, with a 7.0% growth in the first nine months of the year.

Insurer Dunav Osiguranje (DNOS) increased slightly to RSD 1,830, with turnover of RSD 2.4m, while Metalac (MTLC) recorded a 3.8% increase to RSD 2,100 on light trading. Insa Zemun (INSA) led the gainers, surging 14.9% to RSD 2,420 on a turnover of RSD 2.4m.

WEEKLY REPORT, October 19-23, 2026