Business News

Slow Week at LJSE Drags Most Shares Down

Ljubljana, 11 September (STA) - The Ljubljana Stock Exchange closed in the red this week, with both the SBI TOP benchmark index and the LJSEX index of all the shares down compared to the week before, while the turnover remained virtually flat at some EUR 6m.

All but one SBI TOP share dropped this week, dragging the index down 1.25% to 810.40 points, while the LJSEX was down 2.20% to 3219.52 points.

Retailer Mercator was the only big name up this week, gaining 1.22% to EUR 137.99. Telco Telekom Slovenije on the other hand recorded the biggest drop among the SBI TOP shares, shedding 3.93% to EUR 88.29. Drug maker Krka was down 2.80% to EUR 64.21.

The NKBM bank lost 1.24%, closing at EUR 10.38 on Friday, while energy company Petrol shed 0.30% to EUR 240.26. Insurer Zavarovalnica Triglav was down 0.56%, ending the week at EUR 17.90.

Although this was already the second week of September, turnover at the Ljubljana Stock Exchange has failed to pick up. With a total of over EUR 6m in weekly turnover, daily deals reached over EUR 1m on average. Accounting for more than EUR 2m in turnover, Krka was again the most traded item.

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