Trading statistics for March 2020 show an average daily turnover of EUR 2.97m (+126% YoY). Meanwhile, SBI TOP ended the month with a 19.17% decrease.

The Ljubljana Stock Exchange (LJSE) published their trading statistics for March 2020, showing a very high total equity turnover of EUR 65.4m. This translates to an average daily turnover of EUR 2.97m (+126% YoY). Such an extreme increase in turnover could be attributed to the selloff which started in late February and continued in March, causing stocks to plummet.

Of the total value traded in the period (excluding block transactions), Krka generated 37.5%, followed by Petrol with 14.5%. Next come Triglav with 13.2% and NLB with 11.7%. Sava Re follows with 9.1%. These 5 shares generated 86% of the turnover recorded by the entire (equity) market.

When observing the total equity market capitalization, it observed a 18.5% MoM decrease (or EUR 1.28bn) as a result of the selloff, and currently amounts to EUR 5.65bn. Krka’s share is the biggest constituent of the total exchange’s equity market capitalization, accounting for about 38.4% of the total value. Next, comes NLB with 13.6%. Further, Triglav holds 10.8% while Petrol accounts for 10.97 of the total market capitalization value.

The main index of the stock exchange, SBI TOP, recorded a sharp decrease of 19.17%, ending the month at 733.15 points. Note that this marks the highest monthly decrease since the introduction of the index.

Share Price Performance of SBI TOP Constituents in March