In August, the Belgrade Stock Exchange observed an average daily turnover of EUR 0.178 m (-18.6% YoY).

The Belgrade Stock Exchange reported a turnover of EUR 3.9m in August 2019 (when observing solely equity), which represents a decrease of 22.1% YoY. This would translate to an average daily turnover of EUR 0.178m (-18.6% YoY).

In August, the most traded share (excluding block transactions) was Jumbes Banka (EUR 1.3m), whose share price increased by 15.1%. Komercijalna Banka follows with EUR 0.69m, recording a share price increase of 0.96%. These two banks were recently in the spotlight as the state was selling their stake in both of the banks. As a reminder, as of May 2019, the Republic of Serbia has no stake in Jumbes Banka, while at the moment the state holds a 50.6% stake in Komercijalna Banka (after it purchased shares back from DEG and Swedfund) which is subject to sale.

NIS comes next, with a turnover of EUR 0.41m, observing a decrease of 1.3%.

When observing gainers of the BELEX 15 index, Sojaprotein observed the highest increase of 5.88%, followed by Impol Seval which recorded a share price increase of 4.26%.

Turning our attention to BELEX15, the index observed a decrease of -0.33%, after observing a relatively high increase of 2.17% in July.