December 27 (SeeNews) - Slovenian stock indices fell for a second day running on Thursday with shares in the country’s second largest bank by assets, Nova Kreditna Banka Maribor (NKBM), losing value for the first time since their debut earlier this month, brokers said.
The blue-chip SBITOP index of the Ljubljana Stock Exchange (LJSE) fell 0.29% to close at 2,525.61 points and the broader 15-share SBI20 index lost 0.45% to 11,401.02.
Shares in NKBM had their first losing day on Thursday, local brokerage house Ilirika said in a daily note. They fell 3.64% to an average price of 42.38 euro ($62.3). NKBM shares started trading on the LJSE on December 10 and have gained 15.76% since then.
Earlier this month the Slovenian government set the final price of NKBM's initial public offering at 27 euro per share, at the very top of the indicative price range. The offering was the first one on the LJSE in eight years and market analysts say its listing has created an appetite for more IPOs.
Heavyweiht blue-chip drug maker Krka added 0.11% to 123.83 euro on Thursday in the day's highest turnover of 1.09 million euro. Shares in Telekom Slovenije also were among the most traded, gaining 1.09% to 414.06 euro in turnover of 907,000 euro.
Total turnover fell to 5.09 million euro on Thursday from 5.8 million euro on Monday. The LJSE was closed on Tuesday and Wednesday for public and market holidays.
($ = 0.68 euro)