Belgrade stock indices fall, Messer Tehnogas paces blue-chip decliners

The Belgrade Stock Exchange ended in red territory on Monday, as industrial gases maker Messer Tehnogas [BEL:TGAS] saw the largest share price decrease among the blue chips.

Messer Tehnogas erased 4.76% of its share price and closed at 16,000 dinars. Aerodrom Nikola Tesla [BEL:AERO] generated the highest turnover of 327,548 dinars on the stock exchange on Monday.

The BELEX15 index, which tracks the most liquid shares on the Belgrade Stock Exchange, ended the session down 0.61% at 795.94 points.

Fintel Energija [BEL:FINT], the Serbian subsidiary of Italy's Fintel Energia Group, was the only gainer among the blue chips as its share price grew 0.17% to 600 dinars.

The broader BELEXline, a free-float market capitalisation weighted index, closed down 0.46% at 1,684.98.

The total turnover on the bourse amounted to 1.0 million dinars ($9,800/8,500 euro) on Monday, down from 331.3 million dinars on Friday, as 40 transactions were carried out.

Trading on the multilateral trading facility (MTP) of the stock exchange generated a turnover of 312,018 dinars.

(1 euro = 117.733 dinars)

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