The Southeast European stock markets closed with a mixed performance on Friday, May 16, 2025, as some bourses registered notable gains while others ended the session in the red. Greece, Slovenia, Romania, Cyprus, North Macedonia, and Serbia saw positive momentum, while Bulgaria, Montenegro, and Bosnia and Herzegovina recorded declines.
Market Performance by Country

BOSNIA-HERZEGOVINA (Sarajevo)
The Sarajevo Stock Exchange’s (SASE) 10-share benchmark SASX10 index was unchanged.
Total turnover: 327.074,50 BAM
Transactions executed: 10 trades
Total securities traded: 4.941

BOSNIA-HERZEGOVINA (Banja Luka)
The Banja Luka bourse (BLSE)’s 12-share BIRS equity index was lower by 0.47% to finish at 856,18 points.
Note: The SASE operates in the Federation of Bosnia and Herzegovina, while the BLSE serves Republika Srpska, the other entity forming Bosnia and Herzegovina.

BULGARIA
In Sofia, the main equity index SOFIX of the Bulgarian Stock Exchange (BSE) comprising 15 key stocks lost 0.49% ending the session at 956.86 points.

CROATIA
In Zagreb, CROBEX index tracking 20 major stocks on the Zagreb Stock Exchange (ZSE) was higher by 0.73% to reach 3,479.59 points.

CYPRUS
In Nicosia, the general index of the Cyprus Stock Exchange (CSE) which follows 38 listed companies rose 0.21% to end the day at 244.98 points.

GREECE
In Greece, the general index of the Athens Exchange, which tracks 61 large-cap companies, was up 1.02% to settle at 1,804.0600 points. The session’s biggest gain came from Metlen, whose shares jumped 4.13%, leading the blue-chip gainers.

MOLDOVA
On the Moldova Stock Exchange no trading took place today.

MONTENEGRO
In Podgorica, the MNSE10, the leading index of the Montenegro Stock Exchange (MNSE) which reflects the 10 most representative shares was off 0.39% settling at 1.165,41 points.

NORTH MACEDONIA
In Skopje, the blue-chip MBI 10 index representing 10 selected blue-chip stocks on the North Macedonian Stock Exchange (MSE) was up 0.07% to reach 10,763.74 points.

ROMANIA
In Romania, the BET index tracking the 20 most liquid stocks on the Bucharest Stock Exchange (BVB) was higher by 3.14% to end at 16,760.73 points. Read more here.

SERBIA
The BELEX15 Index of the Belgrade Stock Exchange (BSE), covering the 15 largest and most liquid stocks was higher 0.27% to close at 1.143,88 points. The BSE’s market capitalization stood at RSD 479.944.653.374 (~EUR 4.093.927.693).

SLOVENIA
The Slovenian SBITOP index which which tracks the 9 most liquid stocks on the Ljubljana Stock Exchange added 1.16% closing at 2,148.27 points.
