BELEX15

The BELEX15 is a free-float market capitalization weighted index of the 15 most liquid stocks traded on the Belgrade Stock Exchange (BELEX). It serves as a benchmark for the performance of the Serbian equity market. The index is designed to reflect the performance of leading companies in Serbia and is used by investors as a tool for evaluating investment opportunities and tracking market trends. The constituent companies are selected based on criteria related to liquidity, free-float market capitalization, and trading frequency. Periodic reviews are conducted to ensure the index accurately represents the leading stocks on the exchange and reflects changes in the market. Data related to the BELEX15, including its value and constituent weightings, are publicly available. The index is often used as a basis for investment products such as exchange-traded funds (ETFs) focused on the Serbian market.