Impol Seval, Dunav, lifts turnover on Belex

The domestic stock market recorded a slight growth last week, but after a long time, the Belex15 index components saw significantly higher activity. The index closed the week at 1,144.2 points, while the total turnover on the market reached RSD 284.7 million (EUR 2.4 million).

The most active stock on the market was Impol Seval (IMPL), which posted a turnover of RSD 16.7m, mainly in a single transaction at RSD 7,750. The stock price rose by about 30% last year despite a correction in Q4 after the company posted a loss for the first six months.

Dunav Osiguranje (DNOS) continued its positive streak with one of the best trading weeks on a turnover of RSD 15.5m. The stock of the largest domestic insurance company rose by 0.8% to RSD 1,502, and for most of the week, there was unsatisfied demand around the RSD 1,500 level.

Shares in the Belgrade Airport (AERO) were the most active in a long time, rising slightly to RSD 1,989. The total stock turnover amounted to RSD 4.1m.

The rest of the market saw much lower turnover. Preferred shares of Philip Morris (DINNPB), which have been traded ex-dividend since the beginning of the year, weakened slightly to RSD 9,601 with a turnover of RSD 0.9m. Shares in Metalac (MTLC) remained unchanged at the RSD 1,950 mark with a turnover of RSD 0.6m.

WEEKLY REPORT, March 10-14, 2025