belex

Serbia’s Stock Market Faces Liquidity Challenges

The Belgrade Stock Exchange has shown signs of deepening structural weaknesses as Serbia's stock market struggles with low liquidity. The benchmark BELEX15 index recently fell to approximately 1,229 points, while total turnover for the week reached only 90.7 million dinars, around €0.8 million. This figure starkly contrasts with the trading volumes seen in Western European markets, where a single mid-cap company can often surpass the entire weekly turnover of Belgrade. Despite a modest week-on-week decline of about 0.3% for the…