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BELEX
The Belgrade Stock Exchange (abbr. BELEX, sr, Београдска берза, Beogradska berza) is a stock exchange based in Belgrade, Serbia. The Stock exchange was founded in 1894 in the Kingdom of Serbia, after the King proclaimed the Stock exchange law of 1886. Currently, the Belgrade Stock Exchange is a full member of Federation of Euro-Asian Stock Exchanges (FEAS) and an associate member of Federation of European Securities Exchanges (FESE). History The first ideas about establishing an institution which would control the movement of the value of money appeared in Serbia in the 1830s. The Serbian Trading Association, important for the development of the entire Serbian economy, initiated the passing of the Stock Exchange Law. The national Assembly adopted the Law on 3. November 1886, and the Law was proclaimed by the then King of Serbia Milan M. Obrenović. Several years later, on 21. November 1894, in "Građanska kasina" the Belgrade Stock Exchange held its Founding A ...
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BELEXline
The BELEXline index is the index of the Belgrade Stock Exchange (BELEX). BELEXline is free‐float market capitalization weighted index, which is not adjusted for paid dividends, and is not protected from dilution effect, which appears as result of dividends payout. BELEXline is weighted only by free‐float market capitalization. BELEXline consists of shares traded on the BELEX markets, which have satisfied criteria for inclusion in the index basket. Influence of the components in index is limited to maximum 10% of index capitalization. Composition List of the BELEXline constituents as of 30 September 2021. * Belgrade Nikola Tesla Airport * Messer Tehnogas * Komercijalna banka * NIS * Metalac * MPP Jedinstvo * Fintel Energija * Dunav osiguranje * Alta banka a.d. * Lasta * Energoprojekt holding * Impol Seval * Alfa plam * Kopaonik * Iritel a.d. * Informatika a.d. * Jugoprevoz Kruševac * Termika-Beograd a.d. * Novosadski sajam a.d. * AMS Osiguranje a.d. * Tehnohemija a.d. * ...
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BELEX15
The BELEX15 index is the blue chip index of the Belgrade Stock Exchange (BELEX). The index compromises the 15 largest and most liquid stocks traded on the exchange. The index was initially established in September 2005. The newest methodology of calculating it was published in August 2012 and represents a correction in the sense of adjusting this index to characteristics of indexes on developed markets. Composition List of the BELEX15 constituents as of 30 September 2021. * Belgrade Nikola Tesla Airport * NIS * Komercijalna banka * Metalac * Messer Tehnogas * MPP Jedinstvo * Fintel Energija * Dunav osiguranje * Energoprojekt holding Energoprojekt holding (full legal name: ''Energoprojekt holding a.d. Beograd'') is a Serbian construction company with headquarters in Belgrade, Serbia. Founded in 1951, it enters into the composition of BELEX15 and BELEXline, the two main indice ... * Impol Seval * Alfa Plam References External links BELEX15 daily standing {{DEFAULT ...
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Serbia
Serbia (, ; Serbian: , , ), officially the Republic of Serbia (Serbian: , , ), is a landlocked country in Southeastern and Central Europe, situated at the crossroads of the Pannonian Basin and the Balkans. It shares land borders with Hungary to the north, Romania to the northeast, Bulgaria to the southeast, North Macedonia to the south, Croatia and Bosnia and Herzegovina to the west, and Montenegro to the southwest, and claims a border with Albania through the Political status of Kosovo, disputed territory of Kosovo. Serbia without Kosovo has about 6.7 million inhabitants, about 8.4 million if Kosvo is included. Its capital Belgrade is also the List of cities in Serbia, largest city. Continuously inhabited since the Paleolithic Age, the territory of modern-day Serbia faced Slavs#Migrations, Slavic migrations in the 6th century, establishing several regional Principality of Serbia (early medieval), states in the early Middle Ages at times recognised as tributaries to the B ...
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Stock Exchange
A stock exchange, securities exchange, or bourse is an exchange where stockbrokers and traders can buy and sell securities, such as shares of stock, bonds and other financial instruments. Stock exchanges may also provide facilities for the issue and redemption of such securities and instruments and capital events including the payment of income and dividends. Securities traded on a stock exchange include stock issued by listed companies, unit trusts, derivatives, pooled investment products and bonds. Stock exchanges often function as "continuous auction" markets with buyers and sellers consummating transactions via open outcry at a central location such as the floor of the exchange or by using an electronic trading platform. To be able to trade a security on a certain stock exchange, the security must be listed there. Usually, there is a central location for record keeping, but trade is increasingly less linked to a physical place as modern markets use electronic com ...
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Cheque
A cheque, or check (American English; see spelling differences) is a document that orders a bank (or credit union) to pay a specific amount of money from a person's account to the person in whose name the cheque has been issued. The person writing the cheque, known as the '' drawer'', has a transaction banking account (often called a current, cheque, chequing, checking, or share draft account) where the money is held. The drawer writes various details including the monetary amount, date, and a payee on the cheque, and signs it, ordering their bank, known as the ''drawee'', to pay the amount of money stated to the payee. Although forms of cheques have been in use since ancient times and at least since the 9th century, they became a highly popular non-cash method for making payments during the 20th century and usage of cheques peaked. By the second half of the 20th century, as cheque processing became automated, billions of cheques were issued annually; these volumes pe ...
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Coupon
In marketing, a coupon is a ticket or document that can be redeemed for a financial discount or rebate when purchasing a product. Customarily, coupons are issued by manufacturers of consumer packaged goods or by retailers, to be used in retail stores as a part of sales promotions. They are often widely distributed through mail, coupon envelopes, magazines, newspapers, the Internet (social media, email newsletter), directly from the retailer, and mobile devices such as cell phones. ''The New York Times'' reported "more than 900 manufacturers' coupons were distributed" per household, and that "the United States Department of Agriculture estimates that four families in five use coupons. "Only about 4 percent" of coupons received were redeemed. Coupons can be targeted selectively to regional markets in which price competition is great. Most coupons have an expiration date, although American military commissaries overseas honor manufacturers' coupons for up to six months past ...
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Coin
A coin is a small, flat (usually depending on the country or value), round piece of metal or plastic used primarily as a medium of exchange or legal tender. They are standardized in weight, and produced in large quantities at a mint in order to facilitate trade. They are most often issued by a government. Coins often have images, numerals, or text on them. ''Obverse'' and its opposite, ''reverse'', refer to the two flat faces of coins and medals. In this usage, ''obverse'' means the front face of the object and ''reverse'' means the back face. The obverse of a coin is commonly called ''heads'', because it often depicts the head of a prominent person, and the reverse ''tails''. Coins are usually made of metal or an alloy, or sometimes of man-made materials. They are usually disc shaped. Coins, made of valuable metal, are stored in large quantities as bullion coins. Other coins are used as money in everyday transactions, circulating alongside banknotes. Usually the hi ...
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Paper Money
A banknote—also called a bill (North American English), paper money, or simply a note—is a type of negotiable promissory note, made by a bank or other licensed authority, payable to the bearer on demand. Banknotes were originally issued by commercial banks, which were legally required to redeem the notes for legal tender (usually gold or silver coin) when presented to the chief cashier of the originating bank. These commercial banknotes only traded at face value in the market served by the issuing bank. Commercial banknotes have primarily been replaced by national banknotes issued by central banks or monetary authorities. National banknotes are often – but not always – legal tender, meaning that courts of law are required to recognize them as satisfactory payment of money debts. Historically, banks sought to ensure that they could always pay customers in coins when they presented banknotes for payment. This practice of "backing" notes with something of substance ...
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Sava
The Sava (; , ; sr-cyr, Сава, hu, Száva) is a river in Central and Southeast Europe, a right-bank and the longest tributary of the Danube. It flows through Slovenia, Croatia and along its border with Bosnia and Herzegovina, and finally through Serbia, feeding into the Danube in its capital, Belgrade. The Sava forms the main northern limit of the Balkan Peninsula, and the southern edge of the Pannonian Plain. The Sava is long, including the Sava Dolinka headwater rising in Zelenci, Slovenia. It is the largest tributary of the Danube by volume of water, and second-largest after the Tisza in terms of catchment area () and length. It drains a significant portion of the Dinaric Alps region, through the major tributaries of Drina, Bosna, Kupa, Una, Vrbas, Lonja, Kolubara, Bosut and Krka. The Sava is one of the longest rivers in Europe and among the longest tributaries of another river. The population in the Sava River basin is estimated at 8,176,000, and is ...
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Kingdom Of Yugoslavia
The Kingdom of Yugoslavia ( sh-Latn-Cyrl, separator=" / ", Kraljevina Jugoslavija, Краљевина Југославија; sl, Kraljevina Jugoslavija) was a state in Southeast and Central Europe that existed from 1918 until 1941. From 1918 to 1929, it was officially called the Kingdom of Serbs, Croats and Slovenes ( sh-Latn-Cyrl, separator=" / ", Kraljevina Srba, Hrvata i Slovenaca, Краљевина Срба, Хрвата и Словенаца; sl, Kraljevina Srbov, Hrvatov in Slovencev), but the term "Yugoslavia" (literally "Land of South Slavs") was its colloquial name due to its origins."Kraljevina Jugoslavija! Novi naziv naše države. No, mi smo itak med seboj vedno dejali Jugoslavija, četudi je bilo na vseh uradnih listih Kraljevina Srbov, Hrvatov in Slovencev. In tudi drugi narodi, kakor Nemci in Francozi, so pisali že prej v svojih listih mnogo o Jugoslaviji. 3. oktobra, ko je kralj Aleksander podpisal "Zakon o nazivu in razdelitvi kraljevine na upravna območja ...
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Good (economics)
In economics, goods are items that satisfy human wants and provide utility, for example, to a consumer making a purchase of a satisfying product. A common distinction is made between goods which are transferable, and services, which are not transferable. A good is an "economic good" if it is useful to people but scarce in relation to its demand so that human effort is required to obtain it.Samuelson, P. Anthony., Samuelson, W. (1980). Economics. 11th ed. / New York: McGraw-Hill. In contrast, free goods, such as air, are naturally in abundant supply and need no conscious effort to obtain them. Private goods are things owned by people, such as televisions, living room furniture, wallets, cellular telephones, almost anything owned or used on a daily basis that is not food-related. A consumer good or "final good" is any item that is ultimately consumed, rather than used in the production of another good. For example, a microwave oven or a bicycle that is sold to a consum ...
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Federation Of Euro-Asian Stock Exchanges
The Federation of Euro-Asian Stock Exchanges (FEAS) is a non-profit international organization comprising the main stock exchanges in Eastern Europe, the Middle East, and Central Asia. The purpose of the Federation is to contribute to the cooperation, development, support and promotion of capital markets in Eurasia, although membership in the Federation is open to markets internationally. It was established on 16 May 1995 with 12 founding members. Currently, the FEAS has 43 members which include stock exchanges, post trade institutions, dealers associations, and regional federations from over 30 countries. The Federation's headquarters are located in Yerevan, Armenia. Membership Full members Full members of the Federation of Euro-Asian Stock Exchanges, include: * - Armenia Securities Exchange and the Central Depository of Armenia * -Sydney Stock Exchange * - Belarusian Currency and Stock Exchange * - Cyprus Stock Exchange * - Egyptian Exchange and thMisr for Central Clearing, D ...
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