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The Sarajevo Stock Exchange (SASE)

posted onMay 5, 2017

The Sarajevo Stock Exchange (SASE) was founded in September 2001 as a joint-stock company by eight brokerage houses from the Federation of Bosnia and Herzegovina. SASE started trading officially on April 12, 2002, as a central marketplace for trading in securities in the Federation of Bosnia and Herzegovina, which together with the Republika Srpska, makes up the post-war Bosnia-Herzegovina.

The founding capital of the exchange was BAM 200.000 (1 BAM = 0.51 EUR) and the first auction totaled 3,099 KM. The shareholders of the Sarajevo Stock Exchange are brokerage houses and natural persons from the Federation BH with 85% share, and Borsa Istanbul 9,8878%, Central Registry Agency Turkey 5,0089 %, te Takasbank 5,0089 % of ownership in Sarajevo Stock Exchange Inc., with equal number of shares and with equal property rights and obligations.

During its years of existence, the Sarajevo Stock Exchange has upgraded the infrastructure and developed electronic trading systems. Today, SASE trades every day in the period from 10.00 am to 1.30 pm, in accordance with the development and market needs.

In 2015 primary trading on SASE was amounting to 615,3 million KM; total annual turnover over 1,2 billion KM. SASE is one of two bourses operating in Bosnia and Herzegovina. The other is the Banja Luka Stock Exchange.

Phone: (+387) 33 251-460
Fax: (+387) 33 559-460
Email: contact[at]  
Address: Đoke Mazalića 4/I, 71000 Sarajevo, Bosnia and Herzegovina

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