Today we bring you an overview of average daily turnovers recorded by Slovenian blue-chips.
The Slovenian market has been putting on quite a performance recently by posting an impressive 34.7% growth YTD. Now, we turn our attention to see which shares recorded the highest liquidity during this growth phase and how it relates to previous years.
Right off the bat, one can notice Krka sticking out as the most liquid share among Slovenian blue-chips. However, this doesn’t come as a surprise when considering that Krka’s turnover in 2020 increased by 48% YoY (including block transactions and that the company’s share turnover actually amounted to an incredible 47% of the Ljubljana Stock Exchange’s total equity turnover. True, it was as high as 42% in 2019, but still, a fun fact definitely worth mentioning.
Overall, an increase in average daily turnover can be witnessed in 2020 as the COVID-19 pandemic led to a frenzy on the market, however we find it encouraging that Slovenian blue chips have mostly retained their level of liquidity in 2021.
Average Daily Turnover of Slovenian Blue-Chips (EUR m)