In October 2022, SBITOP increased by 5.6%, ending the month at 1,016.87.90 points.

The total equity turnover on the Ljubljana Stock Exchange amounted to EUR 25.9m, which represents a decrease of 8.4% MoM and an increase of 15.5% YoY. This would also mean that during the month, the average daily turnover amounted to EUR 1.18m.

We note that there were two block transactions during October2022 of Krka, amounting to EUR 1.04m and Petrol of EUR 899k.

Looking at the top 5 most traded stocks, they had a turnover of EUR 23.4m, which would account for 90.4% of the total turnover which is not surprising for the Slovenian market. Breaking this down further, Slovenia’s heavyweight Krka had the highest turnover, at EUR 11.7m (or 45% of the total equity turnover), followed by NLB with 4.6m (or 17.9%), Petrol with 3.6m (or 13.9%), Zavarovalnica Triglav with 1.8m (or 7%), and Cinkarna Celje with 1.7m (or 6.6%).

When it comes to prices, Slovenia’s main index SBITOP increased by 5.6% during the month and ended above the 1,000 level at 1,016.87 points. At the same time, SBITOP TR also increased by 5.6% and ended the month at 1,272.72 points.

Looking deeper at the SBITOP constituents’ performance during the month, most of the constituents have recovered in price during October, as they were hit more significantly during the month before. Petrol recovered part of its capitalization with a 16.5% increase in share price in October, followed by Sava Re with a 8.4% gain, Luka Koper with 6.3% and Triglav with 5.4%. The only company that recorded a decrease in share price was Cinkarna Celje, with a loss of only 2.5%, while NLB and Telekom Slovenije remained flat.

Performance of SBITOP constituents (October 2022, MoM, %)

When it comes to YTD performance, SBITOP has reported a high decline of 19.2%. Looking deeper at the Slovenian SBITOP index on a YTD basis, the picture stays pretty much the same. Each of the constituents has recorded a decrease in share price since the beginning of the year. The biggest winner (or smallest loser in this care) was Luka Koper, with a loss of “only” 2.9%, followed by Triglav and Cinkarna Celje with a 10.1% and 11.2% decline in price, respectively. Unior follows with a 13.2% decline and Telekom Slovenije with 14.2%. The biggest losses were recorded by NLB with a 29.7% decline, followed by Krka and Sava Re, decreasing by 24.2% and 21.1%, respectively. Petrol follows with a 15.2% decline

Performance of SBITOP constituents (October 2022, YTD, %)