DOCSLIB.ORG

FIMA Daily Insight in FOCUS – BANJA LUKA STOCK EXCHANGE

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
FIMA Daily Insight in FOCUS – BANJA LUKA STOCK EXCHANGE FIMA Daily Insight IN FOCUS – BANJA LUKA STOCK EXCHANGE 8-Oct-09 BLSE STOCK MARKET The total turnover at the Banja Luka Stock Exchange BIRS Last Change has been BAM 142.236 today. 1.021,07 1,57 % daily 0,15% The largest turnover of BAM 79.755,42 has been % YTD 0,03% accomplished with the Republika Srpska - war Stock Turnover (BAM) 30.264 damage 1 bonds. They have been traded on Total MCAP (BAM mn) 1.788,51 47.4311% of the nominal price (BAM 1,00) which Source: www.blberza.com represents the price increase of 0.92%. The Republika Srpska - war damage 2 bonds have been traded on 46.9328% of the nominal price (BAM 1,00) BIRS- MOVERS and the realised turnover was BAM 15.253,14. The TLKM-R-A 0,7% ZERS-R-A 0,0% RiTE Ugljevik Inc. Ugljevik shares have been traded VTNK-R-A 0,0% on the unchanged price of BAM 0,24 and the realised VITA-R-A 0,0% TRZN-R-A 0,0% turnover was BAM 9.522,96. SODJ-R-A 0,0% SEMB-R-A 0,0% RTEU-R-A 0,0% At the quotation of funds, the largest turnover of RNAF-R-A 0,0% RITE-R-A 0,0% BAM 3.062,44 has been realised with the ZIF Zepter RFUM-R-A 0,0% PDPT-R-A 0,0% fond Inc. Banja Luka shares. They have been traded NOVB-R-A 0,0% on the average price of BAM 6,60 which represents MRDN-R-A 0,0% MIRA-R-A 0,0% the price increase of 1,38%. The largest price METL-R-A 0,0% KDVO-R-A 0,0% decrease of -10% had the ZIF Invest nova fond a.d. HETR-R-A 0,0% Bijeljina, so with the unit price of BAM 0,072 it had HELV-R-A 0,0% HEDR-R-A 0,0% turnover of BAM 1.584,00. ELDO-R-A 0,0% ELBJ-R-A 0,0% EKHC-R-A 0,0% The gainers of the day on Banjaluka Stock Exchange EKBL-R-A 0,0% EDPL-R-A 0,0% are: ZIF Zepter fond Inc. Banja Luka (1,38%), DEST-R-A 0,0% BVRU-R-A 0,0% Republika Srpska - izmirenje ratne štete 1 (0,92%), BOKS-R-A 0,0% BLPV-R-A 0,0% Telekom Srpske Inc. Banja Luka (0,68%) and ZIF BIRA-R-A 0,0% Euroinvestment fond Inc. Banja Luka (0,21%). -15% -10% -5% 0% 5% 10% 15% Source: www.blberza.com The largest price decrease on todays trading had the following issuers: Promtes Inc. Teslić (-64,29%), ZIF BIRS 3 MONTH MOVEMENT Invest nova fond Inc. Bijeljina (-10%), ZIF BLB - profit Inc. Banja Luka (-3,42%), ZIF VIB fond Inc. 1.100 Banja Luka (-2,9%) and Republika Srpska - izmirenje 1.050 ratne štete 2 (-0,08%). 1.000 The value of the BIRS index has recorded increase of 950 0,15%, the ERS10 index has remained unchanged, while the FIRS index has recorded decrease of the 900 value for -0,86%. 9 9 9 9 9 9 9 .0 .0 .0 .0 .0 .0 .0 .7 .7 .8 .8 .9 .9 0 8 3 7 2 6 1 .1 2 2 2 6 Source: www.blberza.com For more information please contact us via mail [email protected] or on tel. +387 51 329 200 1 FIMA Daily Insight IN FOCUS – BANJA LUKA STOCK EXCHANGE NEWS: Čajavec - alatnica a.d. Banja Luka – The decrease number of shares from 1.870.079 to 1.303.147 and new beginning of trading THE MOST ACTIVE TOP 5 (BAM) RSRS-O-A 79.755 Decreasing number of shares due to the decrease of the share RSRS-O-B 15.253 capital. After registration of the 4th issue total number of RTEU-R-A 9.523 shares decreased from 1.870.079 to 1.303.147, with the ELBJ-R-A 7.500 nominal value of the BAM 1. The Central registry of RS has SEMB-R-A 6.000 removed the trading halt on the shares of the issuer Čajavec - Source: www.blberza.com alatnica a.d. Banja Luka (CJAL-R-A) and the trading with shares of the CJAL-R-A will start from 05.10.2009. (Source: www.blberza.com) Tržnica a.d. Banja Luka – Temporarily trading suspension TOP 5 ADVANCES % ZPTP-R-A 1,38 On 25.09.2009, the Republic of Srpska Securities Commission RSRS-O-A 0,92 has submitted the Decision No 01-UP-061-3106/09 to the TLKM-R-A 0,68 stock exchange, ordering the Banja Luka Stock Exchange to EINP-R-A 0,21 suspend trading with Tržnica a.d. Banja Luka's shares. - 0,00 (Source: www.blberza.com) Source: www.blberza.com Jahorina OC a.d. Pale – Increasing number of shares from 32.264.704 to 48.264.704 Increasing number of shares due to the 3rd share issue trough TOP 5 DECLINES % public offering on the Stock Exchange (16.000.000 shares). PRMT-R-A -64,29 Number of shares increased from 32.264.704 to 48.264.704. INVP-R-A -10,00 Nominal value is BAM 1.00. BLBP-R-A -3,42 (Source: www.blberza.com) VIBP-R-A -2,90 RSRS-O-B -0,08 ZTC Banja Vrućica a.d. Banja Luka – Completed public Source: www.blberza.com offering of shares On Thursday, 03.09.2009 the public offering of shares of ZTC Banja Vrućica a.d. Banja Luka has been completed. It was sold 3.004.719 shares or 60.09% of offered shares. The public B&H LT CREDIT RATING offering has been successful since more than 60 % of issued Moody's: B2 shares were sold. Part of the public offering was completed Standard&Poor's: B+ through the trading system of the BLSE. All shares where sold Source: www.cbbh.ba at BAM 1.00 or in the total amount of BAM 1.600.000. ZTC Banja Vrućica a.d. Banja Luka shares will be listed on the Banja Luka Stock Exchange official market upon the completion of the public offering registration process at Court of Justice, Securities Commission and Central Registry. (Source: www.blberza.com) For more information please contact us via mail [email protected] or on tel. +387 51 329 200 2 FIMA Daily Insight IN FOCUS – BANJA LUKA STOCK EXCHANGE MARKET MULTIPLES MkCap NAV (BAM NAV per Last price (BAM NAV discount P / NAV million) share million) INVESTMENT FUNDS ZIF BLB-Profit 5,08 8,8 11,8 6,9 25,9% 0,7 ZIF Balkan Investment 4,00 4,6 7,9 6,8 41,6% 0,6 ZIF Bors invest 3,70 4,7 7,9 6,2 40,7% 0,6 ZIF Euroinvestment 9,52 10,3 20,7 19,1 50,2% 0,5 ZIF Aktiva Invest 4,70 6,2 9,7 7,3 36,0% 0,6 ZIF Invest Nova 0,07 13,5 20,4 0,1 34,0% 0,7 ZIF Jahorina Koin 2,99 5,9 5,2 2,7 -12,6% 1,1 ZIF Kristal Invest 7,00 22,6 39,3 12,2 42,6% 0,6 ZIF Polara Invest 5,60 9,4 18,7 11,1 49,7% 0,5 ZIF Privrednik invest 2,00 2,2 4,6 4,3 53,3% 0,5 ZIF VB 4,50 6,9 8,4 5,5 17,8% 0,8 ZIF VIB 3,01 6,0 13,4 6,7 55,4% 0,4 ZIF Zepter 6,60 49,2 91,2 12,2 46,1% 0,5 AVERAGE: 42,1% (Source of the NAV is www.blberza.com on the 21.09.2009.) CONTACTS: SONJA TOPALOVIĆ [email protected] (+387) 51 329 201 MILAN SANČANIN, broker [email protected] (+387) 51 329 202 STEVO JOVIČIĆ, broker [email protected] (+387) 51 329 203 FIMA International Inc. Srpska 63 Banja Luka telefon:++ 387 (51) 329 203 telefax:++ 385 (51) 329 212 e-mail: [email protected] http:// www.fimabl.ba For more information please contact us via mail [email protected] or on tel. +387 51 329 200 3 FIMA Daily Insight IN FOCUS – BANJA LUKA STOCK EXCHANGE DISCLAIMER FIMA Daily Insight is a daily publication of FIMA International Inc. which comments for the needs of its users dynamics of trading financial instruments on capital markets in the Republic of Srpska, transfers and publishes parts or entire selected news from various publicly available sources and media of interest for the investor community, and offers overview of the selected parameters of financial instruments trading on Banja Luka Stock Exchange. The content uses publicly available records published by the selected relevant sources and public information services (Banja Luka Stock Exchange, publicly available financial reports of the Issuer, publicly available opinions of representatives of the Issuers etc.). Although we believe that the stated information and other records are reliable, we do not guarantee for their accuracy, completeness or timeliness. The publication has been of informative character and may not be deemed to be an invitation for purchase or sale of financial instruments being mentioned in it. Prices of financial instruments, and there from also return on investment from financial instruments may vary and cause profit or loss. Investment in financial instruments commented in this publication include certain risk, financial instruments are not necessarily available in all legal-regulatory environments, they may be illiquid and may be inadequate for some investors.
Load more

Recommended publications
  • FIMA Daily Insight in FOCUS – BANJA LUKA STOCK EXCHANGE
    FIMA Daily Insight IN FOCUS – BANJA LUKA STOCK EXCHANGE 29-May-09 BLSE STOCK MARKET The total turnover at the Banja Luka Stock Exchange BIRS Last Change has been BAM 604.481 today. 989,41 -8,66 % daily -0,87% The largest turnover of BAM 371.500,00 has been % YTD -3,07% accomplished with the Laktaši municipality bonds. They have been traded on the unchanged price of BAM Stock Turnover (BAM) 61.324 100,00. The Republika Srpska - stara devizna štednja Total MCAP (BAM mn) 1.736,62 Source: www.blberza.com bonds havge been traded on the 89,4543% of the nominal price (BAM 0,80) which is for -0,52% lower price in comparison to the previous trading; the realised BIRS- MOVERS turnover was BAM 74.504,00. The Tržnica Inc. Banja RFUM-R-A 3,6% Luka shares have been traded on the unchnaged price RTEU-R-A 2,8% of BAM 1,24 and the reaslied turnover was BAM RITE-R-A 2,4% HEDR-R-A 0,8% 13.640,00. VTNK-R-A 0,0% VITA-R-A 0,0% TRZN-R-A 0,0% At the quotation of funds, the largest turnover of BAM SODJ-R-A 0,0% SEMB-R-A 0,0% 49.521,70 had the ZIF Kristal invest fond Inc. Banja PDPT-R-A 0,0% NOVB-R-A 0,0% Luka. It has been traded on the average price of BAM MRDN-R-A 0,0% 5,80 which represents the price decrease of -0,51%. MIRA-R-A 0,0% METL-R-A 0,0% The largest price increase of 8,64% had the ZIF Bors KDVO-R-A 0,0% invest fond Inc.
    [Show full text]
  • FIMA Daily Insight in FOCUS – BANJA LUKA STOCK EXCHANGE
    FIMA Daily Insight IN FOCUS – BANJA LUKA STOCK EXCHANGE 30-Jul-10 BLSE STOCK MARKET The total turnover at the Banja Luka Stock Exchange BIRS Last Change has been BAM 2.393.429,00 today. BAM 802,55 0,00 2.241.105,00 refers to Farmland Inc. Nova Topola - % daily 0,00% public offering of bonds. % YTD -18,71% Stock Turnover (BAM) 1.119 The largest turnover of BAM 60.005,65 has been Total MCAP (BAM mn) 1.444,25 realised with the Republika Srpska - war damage 4 Source: www.blberza.com bonds. They have been traded on the price of the 28,7704% of the nominal price (BAM 1,00) which represent price increase of 0,80% in comparison to BIRS- MOVERS the previous trading. Turnover of BAM 50.317,95 has ZERS-R-A 0,0% TRZN-R-A 0,0% been realised with the ZIF Kristal invest fond Inc. TLKM-R-A 0,0% Banja Luka shares. They have been traded on the SEMB-R-A 0,0% RTEU-R-A 0,0% price of BAM 4,55 which represent price increase of RNAF-R-A 0,0% RITE-R-A 0,0% 1,11% in comparison to the previous RFUM-R-A 0,0% trading.Turnover of BAM 26.881,60 has been PDPT-R-A 0,0% NOVB-R-E 0,0% realised with the Republika Srpska - war damage 3 MRDN-R-A 0,0% METL-R-A 0,0% bonds. They have been traded on the price of the KRPT-R-A 0,0% 29,366% of the nominal price (BAM 1,00) which KRJN-R-A 0,0% KDVO-R-A 0,0% represent price decrease of 2,03% in comparison to HETR-R-A 0,0% HELV-R-A 0,0% the previous trading.
    [Show full text]
  • Impresum I Naslovna Grrrrr.Ai
    Časopis za poslovnu teoriju i praksu Časopis ,,Poslovne studije”, 2013, 9−10: UDK: 336.761/.762:657.92]:347.728.1/.2 Rad primljen: 01.04. 2013. COBISS.BH-ID 3837976 Rad odobren: 14.05. 2013. DOI: 10.7251/POS1310307S Pregledni rad Ćurić, mr Bojan1 FINANSIJSKA TRŽIŠTA U RAZVOJU KAO OGRANIČAVAJUĆI FAKTOR PRIMJENE CAPM MODELA ZA SVRHE VREDNOVANJA PREDUZEĆA Rezime: Matematički modeli predstavljaju izazove kako za teoretičare tako i za praktičare. Predstavljanje ekonomske stvarnosti na način blizak egzaktnim naukama neminovno vodi preispitivanju modela i njihove primjenjivosti u našim uslovima. Jedan od modela je i model cijene kapitalne aktive (Capital Asset Pricing Model), razvijen od strane nobelovca Willama Sharpa prije više od 40 godina. Svaki ekonomski model predstavlja pojednostavljenu sliku stvarnosti, te polazi od više ili manje realnih pretpostavki, međutim, CAPM model, čak i ako su ispunjene određene pretpostavke, u tranzicionim zemljama gotovo je neprimenjiv. Akcenat u radu je stavljen na identifikovanje mogućnosti primjene CAPM modela za obračun diskontne stope koja se koristi u svrhu vrednovanja preduzeća. Prilikom analize, autor je razmatrao tržište kapitala Republike Srpske i Republike Srbije, koristeći podatke sa Beogradske i Banjalučke berze. Ključne riječi: CAPM model, tržište kapitala, tržišni indeksi, beta faktor. JEL klasifikacija: G32 1 Magistar ekonomskih nauka, Glavna služba za reviziju javnog sektora RS, Vuka Karadžića 4, Banja Luka, [email protected] 307 POSLOVNE STUDIJE/ BUSINESS STUDIES UVOD Istorijski gledano, jedan od prvih modela za procjenu prinosa akcija je Capital Asset Pricing Model ili CAPM, koji možemo definisati i kao model ravnotežnog vrednovanja kapitala. U njemu pretpostavljamo da se cjelokupna varijacija prinosa može opisati samo jednim faktorom – prinosom na tržišni portfolio.
    [Show full text]
  • FIMA Daily Insight in FOCUS – BANJA LUKA STOCK EXCHANGE
    FIMA Daily Insight IN FOCUS – BANJA LUKA STOCK EXCHANGE 9-Sep-09 BLSE STOCK MARKET The total turnover at the Banja Luka Stock BIRS Last Change Exchange has been BAM 215.277 today. 984,56 -6,98 % daily -0,70% The largest turnover of BAM 76.805,72 has been % YTD -3,54% realised with the Telekom Srpske Inc. Banja Luka Stock Turnover (BAM) 147.267 shares which have been traded on the unchanged Total MCAP (BAM mn) 1.697,47 price of BAM 1,30. The Hidroelektrane na Drini Source: www.blberza.com Inc. Višegrad shares have recorded decrease of the price for -6,94%, so that today they were traded on the average price of BAM 0,362 and the BIRS- MOVERS TRZN-R-A 1,8% realised turnover was BAM43.471,00. ZERS-R-A 0,0% VTNK-R-A 0,0% VITA-R-A 0,0% At the quotation of funds, the largest turnover of TLKM-R-A 0,0% SODJ-R-A 0,0% BAM 24.743,50 has been realised with the ZIF SEMB-R-A 0,0% Zepter fond Inc. Banja Luka shares. They have RTEU-R-A 0,0% RITE-R-A 0,0% been traded on the average price of BAM 5,75 PDPT-R-A 0,0% NOVB-R-A 0,0% which represents the price increase of 4,17%. The MRDN-R-A 0,0% largest price increase of 4,55% had the ZIF Kristal MIRA-R-A 0,0% METL-R-A 0,0% invest fond Inc. Banja Luka, so with the unit price KDVO-R-A 0,0% HETR-R-A 0,0% of BAM 5,75 it had turnover of BAM14.230,40.
    [Show full text]
  • FIMA Daily Insight in FOCUS – BANJA LUKA STOCK EXCHANGE
    FIMA Daily Insight IN FOCUS – BANJA LUKA STOCK EXCHANGE 6-Aug-09 BLSE STOCK MARKET The total turnover at the Banja Luka Stock BIRS Last Change Exchange has been BAM 59.306 today. 961,37 9,86 % daily 1,04% The largest turnover of BAM 16.162,20 has been % YTD -5,81% realised with the Hemijska industrija destilacija Stock Turnover (BAM) 31.297 a.d. Teslić shares. They have been traded on the Total MCAP (BAM mn) 1.588,66 unit price of BAM 0,60 which is 9,29% higher price Source: www.blberza.com in comparison to the previous trading. The Republika Srpska - izmirenje ratne štete 1 bonds have been traded on 38,452% of the nominal BIRS- MOVERS price (BAM 1,00) and tghe realised turnover was DEST-R-A 9,3% BOKS-R-A 7,2% BAM 15.432,32. The Hidroelektrane na Trebišnjici TLKM-R-A 3,3% a.d. Trebinje shares have been traded on the ZERS-R-A 0,0% VTNK-R-A 0,0% unchanged price of BAM 0,307 and the realised VITA-R-A 0,0% TRZN-R-A 0,0% turnover was BAM 9.889,00. SODJ-R-A 0,0% SEMB-R-A 0,0% RTEU-R-A 0,0% Only two funds have been traded at the quotation RNAF-R-A 0,0% RITE-R-A 0,0% of funds today. The ZIF Zepter fond a.d. Banja RFUM-R-A 0,0% Luka shares have recorded increase of the price PDPT-R-A 0,0% NOVB-R-A 0,0% for 0,42%, so that today they were traded on the MRDN-R-A 0,0% MIRA-R-A 0,0% average price of BAM 4,74 and the realised METL-R-A 0,0% turnover was BAM 1.690,54.
    [Show full text]
  • Informacija O Stanju Na Trţištu Hartija Od Vrijednosti, Radu I Poslovanju Komisije Za Hartije Od Vrijednosti Republike Srpske Za Prvo Polugodište 2020
    KOMISIJA ZA HARTIJE OD VRIJEDNOSTI REPUBLIKE SRPSKE Informacija o stanju na trţištu hartija od vrijednosti, radu i poslovanju Komisije za hartije od vrijednosti Republike Srpske za prvo polugodište 2020. godine Banja Luka, septembar 2020. godine Adresa: Banja Luka Vuka Karadžića 6 Telefon(i): +387 51 218 356 +387 51 218 362 +387 51 212 199 Faks: +387 51 218 361 e-mail: [email protected] Web: www.secrs.gov.ba Polugodišnja informacija o stanju na trţištu hartija od vrijednosti, radu i poslovanju Komisije za hartije od vrijednosti Republike Srpske 2 SADRŢAJ I TRŢIŠTE KAPITALA REPUBLIKE SRPSKE ............................................................ 4 1. Normativno-pravni okvir ......................................................................................................... 4 2. Makroekonomsko i finansijsko okruženje ............................................................................... 6 3. Primarno tržište hartija od vrijednosti ................................................................................... 12 4. Sekundarno tržište hartija od vrijednosti ............................................................................... 19 4.1. Berzanski pokazatelјi ...................................................................................................... 19 4.2. Izvještavanje i objavlјivanje informacija od strane emitenata ........................................ 31 4.3. Preuzimanje akcionarskih društava ................................................................................. 33 4.4. Promjena
    [Show full text]
  • FIMA Daily Insight in FOCUS – BANJA LUKA STOCK EXCHANGE
    FIMA Daily Insight IN FOCUS – BANJA LUKA STOCK EXCHANGE 13-Jul-09 BLSE STOCK MARKET The total turnover at the Banja Luka Stock BIRS Last Change Exchange has been BAM 67.850 today. 985,59 3,04 % daily 0,31% The largest turnover of BAM 29.934,74 has been % YTD -3,44% realised with the Republika Srpska - izmirenje Stock Turnover (BAM) 11.364 ratne štete 1 bonds. They have been traded on Total MCAP (BAM mn) 1.618,50 37,6718% of the nominal price (BAM 1,00) which Source: www.blberza.com represents the price decrease of -1,67%. The Republika Srpska - stara devizna štednja bonds have been traded on 88,50% of the nominal price BIRS- MOVERS (BAM 0,80) and the realised turnover was BAM TLKM-R-A 1,8% TRZN-R-A 1,0% 15.619,89. The Republika Srpska - izmirenje ratne ZERS-R-A 0,0% štete 2 bonds have recorded decrease of the price VTNK-R-A 0,0% VITA-R-A 0,0% for -2,18%, so that today they were traded on SODJ-R-A 0,0% SEMB-R-A 0,0% 37,7659% of the nominal price (BAM 1,00) and RTEU-R-A 0,0% the realised turnover was BAM 9.632,64. RNAF-R-A 0,0% RFUM-R-A 0,0% PDPT-R-A 0,0% NOVB-R-A 0,0% At the quotation of funds, only the ZIF Kristal MRDN-R-A 0,0% invest fond a.d. Banja Luka has been traded. It MIRA-R-A 0,0% METL-R-A 0,0% has been traded on the unit price of BAM 4,50, KDVO-R-A 0,0% HETR-R-A 0,0% which is for -10% lower price in comparison to the HELV-R-A 0,0% previous trading; the realised turnover was BAM HEDR-R-A 0,0% ELBJ-R-A 0,0% 1.125,00.
    [Show full text]
  • FIMA Daily Insight in FOCUS – BANJA LUKA STOCK EXCHANGE
    FIMA Daily Insight IN FOCUS – BANJA LUKA STOCK EXCHANGE 24-May-10 BLSE STOCK MARKET The total turnover at the Banja Luka Stock Exchange BIRS Last Change has been BAM 204.433,00 today. 889,42 -7,18 % daily -0,80% The largest turnover of BAM 45.243,00 has been % YTD -9,92% realised with the Jahorina osiguranje Inc. Pale shares. Stock Turnover (BAM) 101.269 They have been traded on the price of BAM 99,00, Total MCAP (BAM mn) 1.565,06 which represent price decrease of 23,75% in Source: www.blberza.com comparison to the previous trading. Turnover of BAM 35.588,18 has been realised with the Republika Srpska - war damage 3 bonds. They have been BIRS- MOVERS traded on the price of the 30,5492% of the nominal RTEU-R-A 2,6% RNAF-R-A 2,6% price (BAM 1,00) which represent price increase of ZERS-R-A 0,0% 1,24% in comparison to the previous trading. TRZN-R-A 0,0% SEMB-R-A 0,0% Turnover of BAM 29.142,30 has been realised with RITE-R-A 0,0% RFUM-R-A 0,0% the Telekom Srpske Inc. Banja Luka shares. They PDPT-R-A 0,0% have been traded on the price of BAM 1,37 which MRDN-R-A 0,0% METL-R-A 0,0% represent price decrease of 0,72% KRPT-R-A 0,0% KRJN-R-A 0,0% KDVO-R-A 0,0% At the quotation of funds, the largest turnover of BAM HETR-R-A 0,0% HELV-R-A 0,0% 5.714,84 has been realised with the ZIF FRTL-R-D 0,0% EKHC-R-A 0,0% Euroinvestment fond Inc.
    [Show full text]
  • Izvještaj O Stanju Na Tržištu Hartija Od Vrijednosti Za 2016
    KOMISIJA ZA HARTIJE OD VRIJEDNOSTI REPUBLIKE SRPSKE Izvještaj o stanju na tržištu hartija od vrijednosti za 2016. godinu Banja Luka, april 2017. godine Adresa: Banja Luka Vuka Karadžića 6 Telefon(i): +387 51 218 356 +387 51 218 362 +387 51 212 199 Faks: +387 51 218 361 e-mail: [email protected] Web: www.secrs.gov.ba Izvještaj o stanju na tržištu hartija od vrijednosti www.secrs.gov.ba/Izvjestaj o stanju 2016.pdf 2 SADRŽAJ UVOD ........................................................................................................................................ 4 I MEĐUNARODNA FINANSIJSKA TRŽIŠTA I EKONOMSKA SITUACIJA ......... 4 II NORMATIVNO-PRAVNI OKVIR ................................................................................. 7 III MAKROEKONOMSKO I FINANSIJSKO OKRUŽENJE .......................................... 9 IV PRIMARNO TRŽIŠTE .................................................................................................. 15 V SEKUNDARNO TRŽIŠTE ............................................................................................ 21 1. Uvrštenje hartija od vrijednosti .................................................................................... 21 2. Postupci odobravanja prospekata za uvrštavanje hartija od vrijednosti na berzu - dokumenta o registraciji............................................................................... 22 3. Berzanski pokazatelji .................................................................................................... 23 4. Registracija, obračun, poravnanje i
    [Show full text]
  • Stock Selection Based on Discriminant Analysis: Case of Capital Market of Bosnia and Herzegovina
    Journal of Economic and Social Studies Stock Selection Based on Discriminant Analysis: Case of Capital Market of Bosnia and Herzegovina Jasmina Okičić University of Tuzla Bosnia-Herzegovina [email protected] Sonja Remetić-Horvath University of Vienna Wien, Östereich Baris Büyükdemir Ceros Holding AG Ceros Menkul Değerler AS İstanbul, Turkey Abstract: The main goal of this paper is to scientifically Keywords: discriminant analysis, examine and propose new approach of stock selection and stock selection, stock return, analysis based on multivariate technique, i.e. discriminant capital market of Bosnia and analysis, in order to help investors, individual and Herzegovina institutional, in their decision making process, especially in case of underdeveloped capital markets. Therefore, in this G11, C38 paper we investigate the cross—sectional relation between JEL Classification: the independent variables of the model, comprised of beta coefficient and some fundamental variables as well as the Article History average stock returns on the underdeveloped capital market Submitted: 06 June 2013 of Bosnia and Herzegovina. We concluded that Resubmitted: 17 October 2013 discriminant analysis is a useful quantitative tool that can Accepted: 11 December 2013 help investors in shaping their investment strategies. We also found that the beta coefficient, market capitalization and realized historical return have discriminatory capabilities in case of the capital market of Bosnia and Herzegovina. The real implications of this research can be seen in the shaping of investment strategies of potential investors looking to diversify their portfolios. The main limitations of this study are to be found in the shorter available financial time series in newly formed capitalistic economy, missing data due to http://dx.doi.org/10.14706/JEC the lack of collective records on levels of securities offerings OSS11421 issues.
    [Show full text]
  • Regular Revision of Indices of the Banja Luka Stock Exchange 30.11.2010/031
    GSS NEWSFLASH BOSNIA AND HERZEGOVINA UNICREDIT BANK D.D. REGULAR REVISION OF INDICES OF THE BANJA LUKA STOCK EXCHANGE 30.11.2010/031 Summary: Regular revision of Banja Luka Stock Exchange indices. Commission for Establishment and Revision of the Banja Luka Stock Exchange indices has, in line with Methodology for Establishment, Calculating and Revision of the Indices, conducted the 13th regular revision of the BIRS and FIRS as well as the 9th regular revision of the ERS10. Shares which do not fulfil the criteria for BIRS anymore are: Banjalucka pivara a.d. Banja Luka, Birac a.d. Zvornik, Cistoca a.d. Banja Luka, Elektrodistribucija a.d. Pale, Elektrohercegovina a.d. Trebinje, Fratello Trade a.d. Banja Luka, Hemijska industrija destilacija a.d. Teslic, Krajinapetrol a.d. Banja Luka, Metal a.d. Gradiska, Semberija PD a.d. Bijeljina and Zeljeznice RS a.d. Doboj. These issuers have been substituted with a single issuer which fulfils BIRS criteria: Poste Srpske a.d. Banja Luka. Issuers included in indices FIRS and ERS10 have not been changed. Impact on investors: BLSE indices revised. Disclaimer This Newsflash is provided by UniCredit Bank Austria AG, a member of UniCredit Group, as an additional service to its customers only and does not replace the relevant only legal binding communication agreed between any customer and Bank Austria. The information contained therein has been prepared on the basis of information which is either publicly available or obtained from sources which may or may not be reliable and Bank Austria accepts no responsibility for its veracity, accuracy or completeness. Any opinions expressed, or actions or ways of behaviour recommended, in this Newsflash solely reflect the viewpoint of the authors thereof and are not intended, and shall not interpreted, as advice by Bank Austria or any of its officers, directors, employees or agents to buy, sell, hold, hedge or otherwise deal with any currency, security, commodity or any kind of swap, forward rate, futures, options, derivatives or other contract or product whatsoever.
    [Show full text]
  • FIMA Daily Insight in FOCUS – BANJA LUKA STOCK EXCHANGE
    FIMA Daily Insight IN FOCUS – BANJA LUKA STOCK EXCHANGE 18-Nov-09 BLSE STOCK MARKET The total turnover at the Banja Luka Stock Exchange BIRS Last Change has been BAM 463.382 today. 1.020,88 -1,50 % daily -0,15% The largest turnover of BAM 289.350,01 has been % YTD 0,02% realised with the Republika Srpska – war damage 3 bonds. They have been traded on 36,7494% of the Stock Turnover (BAM) 72.554 nominal price (BAM 1,00) which is -5,03% lower price Total MCAP (BAM mn) 1.794,24 in comparison to the previous trading. The Malpreh Inc. Source: www.blberza.com Banja Luka shares have recorded decrease of -10%, so that today they were traded on the unit price of BAM BIRS- MOVERS 0,36 and the realised turnover was BAM 35.280,00. The TLKM-R-A 1,3% Hidroelektrane na Trebišnjici Inc. Trebinje shares have BOKS-R-A 0,7% been traded on the unchanged price of BAM 0,408 and ZERS-R-A 0,0% VITA-R-A 0,0% the realised turnover was BAM 31.742,40. TRZN-R-A 0,0% SEMB-R-A 0,0% RTEU-R-A 0,0% At the quotation of funds, the largest turnover of BAM RNAF-R-A 0,0% RITE-R-A 0,0% 5.037,00 has been realised with the ZIF Zepter fond PDPT-R-A 0,0% Inc. Banja Luka shares. They have been traded on the MRDN-R-A 0,0% MIRA-R-A 0,0% average price of BAM 5,99 which represents the price METL-R-A 0,0% KRJN-R-A 0,0% decrease of -0,17%.
    [Show full text]