name: BIRS index
The BIRS index is a stock index of the 12 largest companies listed on the Banja Luka Stock Exchange in Bosnia and Herzegovina on May 1, 2004. The index component is determined once every six months, on May 15 and November 15. The component companies must meet certain requirements set by BLSE.
Other indexes of the Banja Luka Stock Exchange include the FIRS index (13 privatization-investment fund index) and the ERS10 index (an index of 10 companies from the electric utility sector).
As of August 30, 2006, the company with the largest market capitalization in the BIRS index was Telekom Srpske ad Banja Luka, with a market capitalization of over 1 billion Brazilian reals (538 million euros).
As of August 22, 2006, the BIRS index includes the following 12 companies:
Birač ad Zvornik
Rafinerija ulja ad Modriča
NLB Razvojna banka ad Banja Luka
Nova banka ad Bijeljina
Banjalučka pivara ad Banja Luka
Boksit ad Milići
Tržnica ad Banja Luka
Vitaminka Srps ad Banja Luka Vitaminka
Srpske Banja Luka pošte ad Banja Luka
RK Boska ad Banja Luka
Metal ad Gradiška
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