Bosnian share indices close mostly up in week ended May 17

SARAJEVO (Bosnia and Herzegovina), May 17 (SeeNews) - The share indices of Bosnia and Herzegovina's two stock exchanges, in Sarajevo and Banja Luka, closed mostly higher on Friday, compared to the levels at the end of the previous trading week, bourse data showed.

On the Sarajevo Stock Exchange (SASE), the 10-share benchmark SASX-10 equity index advanced 2.90% on a weekly basis, to close at 994.96 points on Friday. The broader SASX-30 index, which is composed of the 30 most liquid stocks on the SASE, went up 0.70% to finish at 1,932.46 points.

The SASE index tracking investment funds, the BIFX, ended the week at 587.04 points, down 0.81%.

The Islamic stock index SASX-BBI, launched by the SASE and Bosna Bank International (BBI), went up 3.82% to 11,328.73 points.

SASE’s total turnover came in at 29.3 million marka ($16.3 million/15 million euro) this week, slightly up from 29.2 million marka last week.

The SASE is based in the Federation, one of two autonomous entities that form Bosnia and Herzegovina. The BLSE is based in the other entity, the Serb Republic.

The benchmark index of the BLSE, the BIRS, inched up 1.57% this week to close at 941.27 points on Friday.

BLSE's total trading turnover increased to 24.3 million marka in five trading sessions this week from 3.8 million marka in three trading sessions last week. The bourse was closed on May 6 and May 9 due to public holidays.

(1 euro = 1.956 marka)