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STOCK EXРCУHБAРNИGКАE

more than 400 securities which            vestors can see the list of securi-  change – SBITOP and the Bulgari-
are listed in the three stock mar-        ties which have trading potential.   an stock exchange – SOFIX during
kets. The SEE Link system offers                                               2016, more precisely in the period
functionality of centralized point        The region                           from 01.01.2016 until 15.08.2016,
for inserting trade orders with           through numbers                      it is observable that the best re-
securities which then will be ap-                                              sults have been achieved by the
propriately redirected between               Below is a representation of      Zageb CROBEX which realized a
the market participants where-            specific statistical indicators      growth of 5.72 %. CROBEX ended
with the investors from the coun-         through which one can observe        the year of 2015 with a value of
tries of the participating stock ex-      the movements and the condi-         1,689.63 index points, while on
changes are offered opportunities         tions in the regional securities’    15.8.2016 it had a value of 1,786.31
to trade the financial instruments        markets.                             points. Our MBI10 index is on
from these markets through the                                                 second place, which at an annual
local brokers. This means that            Movements of stock                   level registered a growth of 3.11%
an investor from Macedonia who            exchange indices                     (on 31.12.2015 – 1.833.26 index
is interested to buy shares from                                               points, on 15.08.2016– 1.890.20
the Croatian Telekom or from the             Price movements of securities     points), SBITOP has a growth of
Bulgarian Sopharma can realize            which are traded in the stock        2.76 % (on 31.12.2015 – 696.15 in-
this through the local broker who         exchanges are best perceived         dex points, on 15.08.2016 – 715.34
should have a broker-partner in           through the movements of the         points). A growth of only 0.2% was
Croatia and/or in Bulgaria, who           main stock exchange indices in       marked o the Bulgarian SOFIX (on
has the role of executing broker          the given markets. If one analyzes   31.12.2015 – 460.9 index points, on
and will perform the purchase             the movements of the main stock      15.8.2016 – 461.81 points) and the
transaction on the market there.          exchange indices in the Macedo-      main stock exchange index of the
Through the internet page of SEE          nian stock exchange – MBI10, the     Belgrade stock exchange BELEX15
Link, www.see-link.net, the in-           Belgrade stock exchange – BEL-       has a negative value, and at an
                                          EX15, the Zagreb stock exchange
                                          – CROBEX, the Ljubljana stock ex-

Movement of main regional stock exchange indices in the period 01.01.2016 – 15.08.2016

Source: web-pages of the stock exchanges

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