Trading on Belgrade Stock Exchange halved in H1


The value of total trading on the Belgrade Stock Exchange stood at 47.1 billion dinars (€575.2 million) in the first half of the year, which represents a dramatic reduction of 52% against the corresponding period of last year, the stock exchange’s director said on Tuesday.

Speaking about the six-month results of the stock exchange, Gordana Dostanic said the drop in trade and indexes is characteristic for the stock exchanges in the region, the official Tanjug news agency reported.

Dostanic said the downturn cannot be directly linked to political instability in Serbia, but primarily to the global crisis that is present on the financial markets and which consequently also affects the markets of countries in transition. Politics is only one segment that affects an investment decision, Dostanic said. Regarding the indexes, Dostanic said the Belgrade Stock Exchange index dropped the least when compared with the indexes in the region.

The Belgrade BELEX 15 index of most liquid shares recorded a drop in value of 23.09% at the end of the second trimester of 2008, while on the other hand, Slovenia’s SBI20 dropped 30.71%, Croatia’s CROBEX 31.52% and Bulgaria’s SOFIX 34.72%. (


Czech Economic Sentiment at 18-Month Low in September Analysis

Czech Economic Sentiment at 18-Month Low in September

Horthy Statue to be Unveiled in Parliament Parliament

Horthy Statue to be Unveiled in Parliament

UPS Appoints Regional Director Appointments

UPS Appoints Regional Director

Completion of Metro Line M3 Renovation Delayed City

Completion of Metro Line M3 Renovation Delayed


Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.