Trading statistics for March 2021 show an average daily turnover of EUR 1.5m (-49% YoY). Meanwhile, SBI TOP ended the month with a solid increase of 2.55%.

The Ljubljana Stock Exchange (LJSE) published their trading statistics for March 2021, showing an equity turnover of EUR 34.7m. This translates into an average daily turnover of EUR 1.5m (-49.2% YoY). Such a high decrease could be attributed to a selloff which occurred in March of 2020.

Of the total value traded in the period (excluding block transactions), Krka generated EUR 16.6m (or 53%), followed by NLB Group with EUR 5.3m (or 16.8%). Next come Sava Re with EUR 2.2m (or 7%) and Triglav with EUR 1.9m (or 6.1%). Petrol follows with EUR 1.7m or (5.4%). These 5 shares generated 88% of the turnover recorded by the entire (equity) market.

When observing the total equity market capitalization, it observed a 3.2% MoM increase and currently amounts to EUR 7.52bn.

The main equity index of LJSE observed a very solid 2.5% monthly increase, ending March at 990.21 points. Of the SBITOP constituents, Telekom Slovenije leads the list with an increase of 7.3%. NLB and Petrol follow, with a solid increase of 6.8% and 3.6%, respectively. Krka, as the index heavyweight showed an increase of 2.4%. On the flip side, Sava Re observed a slight decrease of 0.9%.

We also note that SBITOP observed a high increase of 10% in Q1. The last time that the index observed such an increase in Q1 occurred back in 2007.

Performance of SBITOP Constituents in March 2021 (%)