The trade regarding Telekom Srbija shares will not differ from those of Naftna Industrija Srbije (NIS) and Airport Nikola Tesla (ANT) and higher demand is expected in the early days once the trade starts, as the supply will not be clear yet since the shares' distribution to 4.8 million people, head of WISE brokers Ana Tripovic has said.

According to experts, the start of the trade in Telekom Srbija shares at the Belgrade Stock Exchange could be expected, probably, in two to three weeks, after the company submits an official request to list the shares on the market.

Practice has indicated that the first days of trade in NIS and ANT shares were marked by increased demand, so it affected the price, meaning that it was unstable and fluctuating significantly and only stabilized later on.

Tripovic described the Telekom shares as good and added there was interest from Serbian and foreign investors. There is no chance of a European or regional investment fund buying a package of shares on the market and influencing business decisions, she noted.

The Central Securities Depository and Clearing House transferred the Telekom shares on Friday, based on a decision from the government.

The market value of Telekom's capital stands at EUR 2.27 billion. Every citizen will get 31 shares. Their starting price is EUR 2.27 per share.

Telekom employees and former employees will get 6.94 percent of Telekom's free shares, while the people will get 15 percent of the total of 1 billion shares.