Slovenian stock market bullish in 2024
Slovenian blue chips had a bumper year with the SBI TOP benchmark index adding 33%, or 42% if the dividend yield is taken into consideration, making the Slovenian market among the top performers worldwide according to The Economist, CE Report quotes The Slovenia Times.
The index closed at 1,666,60 points on 30 December, just shy of the 16 July peak, when it stood at 1,693.57 points, show data from the Ljubljana Stock Exchange.
Total turnover grew by 53% compared to 2023 to almost €506 million, with shares accounting for more than 95% of all trades.
Like last year, drug maker Krka was the most heavily traded share, accounting for just over a third of total turnover. NLB bank was close behind, with just under a third of the total.
The market capitalization of the listed companies amounted to €50.2 billion, which is 8.4% than at the end of 2023.
"We are very satisfied with 2024," the stock exchange operator said, noting a comparatively high dividend yield, and increased liquidity.
