Belgrade stock indices drop, Impol Seval paces first-rate declines


BELGRADE (Serbia), Sept. 27 (SeeNews) – The Belgrade Stock Exchange ended in red territory on Monday, as aluminum rolling mill Impol Seval [BEL:IMPL] saw the biggest drop in share price among blue chips.

Impol Seval erased 8.33% of its share price in Monday’s biggest turnover and closed at 3,300 dinars.

The BELEX15 index, which tracks the most liquid stocks on the Belgrade Stock Exchange, ended the session down 0.04% at 800.86 points.

Nikola Tesla Aerodrome [BEL:AERO] was the only winner among the blue chips as its share price rose 0.77% to 1,050 dinars.

The larger BELEXline Index, a free float market capitalization weighted index, closed 0.18% at 1,694.08.

The stock exchange’s total turnover amounted to 52.9 million dinars (527,900 / 449,300 euros) on Monday, against 1.237 billion dinars on Friday, when 43 transactions were carried out.

Exchanges on the multilateral trading system (MTP) of the stock exchange generated a turnover of 454,700 dinars.

Exchanges of treasury bills contributed 49.5 million dinars to the total turnover on the stock market on Monday.

(1 euro = 117,733 dinars)

The blue chip SBITOP index and the SBITOP TR index, which also tracks dividend payout, both ended down 0.35%, ending at 1,138.94 points and 1,264.96 points respectively.

Other notable drops include insurer Zavarovalnica Triglav [LJE:ZVTG] and the telecommunications company Telekom Slovenije [LJE:TLSG], which lost 0.57% and 0.33% respectively.

Total daily revenue from regulated markers was € 1.1 million ($ 1.3 million).

($ = 0.8464 euros)

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