Activity on the LJSE in September 2019

Trading statistics for September 2019 show an average daily turnover of EUR 1.16m (+42.7% YoY). Meanwhile, in September, SBI TOP remained relatively flat at 854.7 points.

The Ljubljana Stock Exchange published their trading statistics for September 2019, showing an average daily turnover of EUR 1.16m, representing an increase of 42.7% YoY.

Of the total (equity) value traded in the period, Krka generated 41% (EUR 9.99m), followed by Triglav with 17.4% (EUR 4.2m), Petrol with 8.96% (EUR 2.2m), NLB with 8.3% (EUR 2m) and Telekom Slovenije with 7.67% (EUR 1.87m). These 5 shares generated 83.35% of the (equity) turnover recorded by the entire market.

Turning our attention to the share price performance of the constituents of the SBI TOP index, in September, 5 out of 11 companies recorded a share price increase. KD Group observed the highest increase of 3.6%. Krka and Petrol follow with an increase of 3.3% each. On the flip side, Intereuropa observed a sharp decrease of 43.8% in September. Such a strong decrease occurred after the announcement that Pošta Slovenije concluded the agreement for the sale and purchase of shares of Intereuropa. The mentioned agreement was concluded with a consortium of banks which include SID Banka, NLB, Nova KBM, Gorenjska Banka, SKB and Banka Intesa Sanpaolo. According to the announcement, Pošta Slovenije will acquire 9,168,425 ordinary shares and 10,657,965 preference shares at a single price of EUR 1.45 per share.

When observing the total equity market capitalization, it decreased by 1% MoM, amounting to EUR 6.52bn. Krka’s share is the biggest constituent of the total exchange’s equity market capitalization, accounting for 31.4% of the total value. Next, comes NLB with 16.76%. Further, Petrol holds 11.14% while Triglav accounts for 10.75%.

When compared to the beginning of the month the main index SBI TOP remained relatively flat, ending September at 854.7 points.

Average Daily Turnover (Jan – Sep 2019) (EUR m)

InterCapital
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Category : Flash News

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