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Belgrade Stock Exchange

  

Latest News

  •   BELGRADE SE FUTURE OUTLOOK
  •   Belgrade Stock Exchange establishing the calendar of trading sessions
  •   Future Outlook 2009
  •   First Market Maker on the Belgrade Stock Exchange
  •   BELGRADE SE CEO MESSAGE

     Official 12 Month Statistics
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      US$ Millions # Shares Millions
    Total Volume Avg. Daily Volume Total Volume Avg. Daily Volume
      Stocks
    9/2009 34.4196 1.5645 1.2518 0.0569
    10/2009 23.7202 1.0782 1.5420 0.0701
    11/2009 51.9597 2.4743 1.7744 0.0845
    12/2009 289.4857 12.5863 3.4928 0.1519
    1/2010 10.1199 0.6747 0.8613 0.0574
    2/2010 25.1328 1.3228 0.9025 0.0475
    3/2010 22.1863 0.9646 0.7920 0.0344
    4/2010 19.6284 0.9814 1.4740 0.0737
    5/2010 17.3425 0.8671 2.6143 0.1307
    6/2010 12.6969 0.5771 0.4578 0.0208
    7/2010 11.1073 0.5049 0.5406 0.0246
    8/2010 9.0294 0.4104 0.8146 0.0370
    TOTAL 526.8289 2.0989 16.5181 0.0658
      Bonds
    9/2009 4.6363 0.2107 4.0480 0.1840
    10/2009 4.6847 0.2129 3.8116 0.1733
    11/2009 3.0978 0.1475 2.4689 0.1176
    12/2009 5.5611 0.2418 4.5081 0.1960
    1/2010 2.5655 0.1710 2.1800 0.1453
    2/2010 2.2717 0.1196 1.9497 0.1026
    3/2010 5.6266 0.2446 4.7552 0.2067
    4/2010 2.7831 0.1392 2.4008 0.1200
    5/2010 3.7080 0.1854 3.4499 0.1725
    6/2010 3.1970 0.1453 3.0253 0.1375
    7/2010 8.8392 0.4018 7.5952 0.3452
    8/2010 5.2994 0.2409 4.0804 0.1855
    TOTAL 52.2704 0.2082 44.2732 0.1764
      Other
    9/2009 0.0000 0.0000 0.0000 0.0000
    10/2009 0.0000 0.0000 0.0000 0.0000
    11/2009 0.0000 0.0000 0.0000 0.0000
    12/2009 0.0000 0.0000 0.0000 0.0000
    1/2010 0.0000 0.0000 0.0000 0.0000
    2/2010 0.0000 0.0000 0.0000 0.0000
    3/2010 0.0000 0.0000 0.0000 0.0000
    4/2010 0.0000 0.0000 0.0000 0.0000
    5/2010 0.0000 0.0000 0.0000 0.0000
    6/2010 0.0000 0.0000 0.0000 0.0000
    7/2010 0.0000 0.0000 0.0000 0.0000
    8/2010 0.0000 0.0000 0.0000 0.0000
    TOTAL 0.0000 0.0000 0.0000 0.0000
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     5 Year Statistical Comparison
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      2006 2007 2008 2009 YTD 2010
    Number of Companies 1204 1710 1848 1779 1649
    Market Capitalization (US$*) 10985.0128 24056.4467 12165.1306 11521.5567 9333.0717
    Total Vol.-Stocks (US$*) 1334.8456 2530.231 1248.4927 562.1278 127.2435
    Total Vol.-Stocks (# Shares*) 22.1135 34.9183 21.8965 17.7001 8.4571
    Avg. Daily Vol.-Stocks (US$*) 5.3824 10.0806 4.9153 2.2131 0.7806
    Avg. Daily Vol.-Stocks (# Shares*) 0.0892 0.1391 0.0862 0.0697 0.0519
    Total Vol.-Bonds (US$*) 200.3666 280.8225 97.0305 74.7505 34.2904
    Total Vol.-Bonds (# Shares*) 158.6827 265.7615 84.7895 69.5276 29.4366
    Avg. Daily Vol.-Bonds (US$*) 0.8079 1.1188 0.382 0.2943 0.2104
    Avg. Daily Vol.-Bonds (# Shares*) 0.6398 1.0588 0.3338 0.2737 0.1806
    Total Vol.-Other (US$*) 0 0 0 0 0
    Total Vol.-Other(# Shares*) 0 0 0 0 0
    Avg. Daily Vol.-Other (US$*) 0 0 0 0 0
    Avg. Daily Vol.-Other (# Shares*) 0 0 0 0 0
    Monthly Avg. Turnover Ratio 0.0101 0.0088 0.0086 0.0041 0.0017
    Index 1675.2 2318.37 565.18 663.77 623.08
    Currency/US$ 59.98 53.73 62.9 66.73 83
     * in millions
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    Practices & Procedures
     Trading
    Days Monday-Friday
    Hours Equities: Continuous Trading 9:30am - 1:00pm
    Single Price Auction Method: 9:30am - 12:00pm
    Bonds: Continous Trading 9:30am - 1:00pm
    Market segmentation Regulated market (Prime Market, Standard Market), Unregulated market
    System Electronic Platform BELEX, automated, remote access
    Mechanisms Continuous Trading Method, Single Price Auction Method
    Market-maker/ Specialists Yes
    Instruments shares, bonds
    Currency Equities - local currency
    Government Bonds - Euro
    Real time information Exchange members, Data vendors, BELEX info service
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     Clearing & Settlement
    Central Depository Yes, Central Securities Depositary and Clearing House
    Period T+3
    Registered N/A
    Settlement Book Entry
    Clearing Transaction by transaction
    DVP Yes
    Clearing Institution Yes
    Risk Sharing Yes
    Margin/Lending No
    Custodians Yes
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     Taxes
    Cash Dividends 20% (10%)
    Interest Income 20%
    Capital Gains 20% on capital gains
    0.3% - property transfer tax
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     Structure & Regulations
    Legal Joint Stock Company
    Regulation Securities and Exchange Commission
    Securities market regulations Exchange with SEC
    Trading rules Exchange (SEC approval)
    Surveillance Exchange - online and offline
    Corporate actions CSD
    Trading halts regulations Yes, ban on trading
    Investor protection Yes
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     Foreign Participation
    Foreign investors No restrictions
    Investment limitations No limitations
    Repatriation No restrictions
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     Minimum Listing Requirements
      Regulated Market Listing A Regulated Market Listing B Unregulated Market
    Minimum Paid-In Capital 20 million Euro 4 million Euro No
    Years of Business Activity 3 Years 2 Years No
    Capitalization of Issue N/A N/A No
    Free Float Yes Yes No
    Free Float Ratio 25% 25% No
    Minimum # of Shareholders In the free float shares a minimum 10 million EUR owned by at least 500 sharehos In the free float shares a minimum 2 million EUR owned by at least 250 shareholders, or shares owned by at least 500 shareholders No
    Minimum Years of Positive Financial Results No No No
    # Prior Years Audited Financial Accounts 1 1 No
    # Times Dividends Distributed in Last 3 Years No No No
    Whole Class of Securities to be Issued N/A N/A N/A
    Listing Agreement with Central Depository No No No
    Prospectus Yes Yes Yes
    Special Requirements IAS-Audited financial statement with positive opinion IAS-Audited financial statement No
    Additional Special Requirements No No No
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    		•
     Contact Information
    Director Ms. Gordana DOSTANIC, Managing Director
    gordana.dostanic@belex.rs
    Address Omladinskih brigada 1, 11070 Novi Beograd, Serbia
    Telephone 381 11 311 7297
    Fax 381 11 138 242
    Email zorica.ninkovic@belex.rs
    Contact Person Ms. Svetlana Cerovic
    svetlana.cerovic@belex.rs
    381 11 311 53 60
    381 11 138 242
    Ms. Marija Babic
    marija.babic@belex.rs
    381 11 311 76 06
    381 11 138 242
    Website http://www.belex.rs
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     Calendar of Holidays
    2010 Public Holidays for Serbia
    No data available
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     Market Capitalization & Index
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      Market Capitalization US$ Millions Index
    9/2009 12,779.5411 825.9700
    10/2009 12,749.7960 806.1900
    11/2009 12,206.7689 681.2400
    12/2009 11,521.5567 663.7700
    1/2010 9,981.0627 678.5800
    2/2010 9,639.5804 706.1400
    3/2010 9,379.1274 685.2300
    4/2010 9,511.0587 749.7700
    5/2010 8,276.7474 664.0300
    6/2010 8,086.9848 634.4500
    7/2010 8,537.4325 630.7700
    8/2010 9,333.0717 623.0800
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     Featured Charts

    Volume (US$ Millions)


    Index
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     Related Links
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