Belex15 drops 2%

The index of the most liquid shares on the Belgrade Stock Exchange, Belex15, fell by 2.0% to 1,203.8 points last week, announced the brokerage house Momentum Securities. The total turnover was supported by the trading of government bonds and amounted to RSD 976.4 million (EUR 8.3 million).

The most active stock was the Belgrade Airport, which remained at the unchanged level of RSD 2,000 with a turnover of RSD 6.1 million. The company announced its 2025 business report last week, revealing a net income of RSD 340.1 million, marking an 18% increase compared to the previous year.

Other stocks within the index basket demonstrated significantly lower levels of turnover, with Dunav Osiguranje not being among the most actively traded stocks for a considerable period. Following the dividend cut, the stock suffered a 9.5% decline, closing the week at RSD 1,811. This reaction was a delayed response to the news due to the illiquid market. As is known, the company will pay a gross dividend of RSD 124.63 dinars per share, a slight increase compared to the year before.

The road company Preduzece za puteve Valjevo was the clear gainer, with an impressive 20% increase to RSD 3,000. The company reported a record 2025 profit of RSD 1.6 billion, which is RSD 1 billion more than the market capitalization of the company.

Beogradska berza a.d. Beograd

Momentum Securities a.d. Novi Sad

Dunav osiguranje a.d.o. Beograd

Preduzeće za puteve a.d. Valjevo

A.D. Aerodrom Nikola Tesla Beograd

Belgrade Stock Exchange

Momentum Securities

Dunav osiguranje

Preduzeće za puteve Valjevo

Belex15

Belgrade Nikola Tesla Airport