belex15

BELEX15 Surges 4.91% on Thin Trading as Serbia’s Equity Market Faces Liquidity Constraints

Serbia's benchmark equity index gained 4.91% in a single trading session, but the move was driven by an unusually small transaction in one listed company, highlighting the limited depth of the country's stock market. The BELEX15 index advanced to approximately 1,376.68 points after industrial-gas producer Messer Tehnogas recorded a 20% increase to RSD 50,000 per share. Only 10 Messer Tehnogas shares changed hands in the transaction that generated the sharp price movement. Total equity trading turnover across the Serbian market…