Stock market: Optimism wearing thin

After huge gains at the Belgrade Stock Exchange (BSE) in the wake of the elections two weeks ago, last week saw a return to business as usual.

Izvor: Beta

Sunday, 25.05.2008.

17:46

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After huge gains at the Belgrade Stock Exchange (BSE) in the wake of the elections two weeks ago, last week saw a return to business as usual. This, according to Fima Fas brokerage, means modest daily turnovers and slight oscillations of indexes. Stock market: Optimism wearing thin On a weekly level, the most liquid index BELEX15 gained 1.30 percent, while the composite BELEXline ended 0.65 percent up. In the week of May 19 through 23, the turnover was at RSD 1.24bn (EUR 15.3mn), which was almost 50 percent less than the week before. Meanwhile, the number of transactions also fell, this time by 42.5 percent, compared to the first week after the May 11 ballot. Compared to several weeks before, participation of foreign investors in the BSE trading picked up and was at 60 percent on average.

Stock market: Optimism wearing thin

On a weekly level, the most liquid index BELEX15 gained 1.30 percent, while the composite BELEXline ended 0.65 percent up.

In the week of May 19 through 23, the turnover was at RSD 1.24bn (EUR 15.3mn), which was almost 50 percent less than the week before.

Meanwhile, the number of transactions also fell, this time by 42.5 percent, compared to the first week after the May 11 ballot.

Compared to several weeks before, participation of foreign investors in the BSE trading picked up and was at 60 percent on average.

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