Slovenian Stock Indices Fall Slightly, Investors Stay Away

After closing mixed on Wednesday, the blue-chip SBITOP index of the Ljubljana Stock Exchange (LJSE) shed 0.22% to 926.64 points and the broader 15-share SBI20 index fell 0.47% to 4,040.24.

“Yesterday’s global rally had no positive impact on Slovenian investors as they were passive today,” local brokerage house Ilirika said in a daily note.

LJSE's total turnover rose to 6.42 million euro ($8.2 million) on Thursday from 4.04 million euro on Wednesday, but the bond market contributed 4.65 million euro to the total turnover. Weak turnover has been dominating the market in the last few days.

Shares in heavyweight blue-chip drug maker Krka were most traded on Thursday as they gained 1.16% to an average price of 53.29 euro in the day’s highest turnover of some 945,000 euro.

Rubber-to-tourism holding company Sava was the top blue-chip gainer, rising 2.31% to 272.84 euro on some 42,000 euro of turnover.

The country’s biggest food retailer Mercator was the top decliner among the 10 blue chips. It lost 2.13% to 170.30 euro on turnover of some 33,000 euro.

Blue-chip losers outnumbered gainers by seven to three on Thursday.

($ = 0.7886 euro)