In March, the Belgrade Stock Exchange observed an average daily turnover of EUR 0.25m. Meanwhile, BELEX15 recorded a decrease of 20.34%.

The Belgrade Stock Exchange reported a turnover of EUR 5.42m in March 2020 (when observing solely equity). This would translate to an average daily turnover of EUR 0.25m.

In March, the most traded share (excluding block transactions) was NIS with a turnover of EUR 1.28m. Next come Messer Tehnogas with EUR 0.62m and Komercijalna Banka with EUR 0.36m.

The current Covid-19 situation has affected the Serbian capital market as well, which can be seen when observing the BELEX 15 index constituents, as all ended the month in red. Aerodrom Nikola Tesla recorded the highest share price decrease of 28.5%, followed by Komercijalna Banka (-27.27%). Next come NIS (-23.08%) and Messer Tehnogas (-20.64%).

As a result of such high share price decreases, total market capitalization decreased by 11.6% and currently stands at EUR 4.22bn.

Turning our attention to BELEX15, the index observed a sharp drop of 20.34%, ending at 636.53 points.