Last week, the Belex15 index, representing the most liquid shares on the Belgrade Stock Exchange, maintained its stability at 990 points, with brokerage firm Momentum Securities reporting weak turnover.
The overall market turnover amounted to 286.5 million dinars (2.4 million euros), driven primarily by trading in government bonds rather than equities.
Dunav Osiguranje emerged as the most actively traded share, witnessing a 1.5 percent price increase to 1,064 dinars, with a turnover of 4.3 million dinars. The company has scheduled its Shareholders’ Meeting for April 25, proposing a dividend of 51.64 dinars per share.
Naftna Industrija Srbije saw modest trading activity, with a turnover of 2.6 million dinars and a share price of 860 dinars. The company is set to announce its first-quarter operational results by month-end, with a dividend proposal from last year’s profits expected in May.
Meser Technogas shares reached 25,000 dinars, aligning with the takeover offer from the company’s majority owner. Impressively, the company reported a 40.6 percent increase in income to 16 billion dinars for 2023, with net profit rising by 32.4 percent to 2.64 billion dinars.
Energoprojekt Holding, after a prolonged period of stability, witnessed a two percent price increase to 316 dinars, with a turnover of 1.7 million dinars. Despite lingering around the 300-dinar mark for an extended period, the shares represent a fraction of their value from seven years ago when the company was acquired.
