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In July 2000, the share of turnover of shares in the total turnover reached the highest level of this year - 66.06%. The share of turnover of bonds in the total turnover was 23.14%, also slightly higher compared to the previous month. In July the biggest decline was recorded by the share of turnover of shares of investment funds in the turnover. It accounted for 23.15% and reached the lowest level of this year. The average number of transactions per day in July was 1,282 or 26,942 transactions in twenty-one trading days (in first seven months of 2000 the daily average of transactions was 1,718 and 1,760 in the year 1999). The average number of transactions in shares per day in July was 450 or 35.05% of total number of transactions (for shares of investment funds the figures were 760 and 59.30%).The average daily turnover was SIT 836 million vs. SIT 1.063 billion in June and below the average o SIT 1 billion in 1999.
The most traded shares on the Exchange market were Petrol, Pivovarna Union, Intereuropa, Mercator and SKB banka.These five issues represented 23.24% of the total turnover of the Exchange and 35.17% of the turnover of shares.The most traded bonds in July were seven issues of bonds of the Republic of Slovenia, which represented almost 70% of the turnover of bonds on the Exchange and 15.6% of the total turnover. Five most traded shares of PIDs in July represented 42.46% of the turnover of shares of pids on the Exchange and 4.43% of the total turnover.
In July 2000, the ten most active Exchange members concluded 65% of the total turnover (vs.63%in June).
In July 2000 108 block trades were reported by the Exchange members, with a total value of SIT 10.50 billion. The value of block trades represented almost 60% of the total turnover in July 2000 and was much higher than its average level of 49% in 1999. In the first seven months of 2000, 702 block trades were reported with the value of SIT 80.99 billion or 56% of the total turnover in the period concerned.
In July the value of the Slovenian Stock Exchange Index (SBI 20) increased by 2.93% from 1,624.17 points to 1,671.73 points. After the five months of negative trend from the beginning of February to the end of June, when SBI 20 lost 14.59 % of its value, this was the first monthly increase. SBI 20 was at its lowest level of the month on 3 July at 1,613.26 points. The index increased over the next ten days by 3.29%, after that the index was traded at a low volatility. The average daily change of SBI 20 in the second part of the month was between 0.09% and 0.64%. The spread between the minimum and maximum value of the index was very narrow at 53.94 points. The highest increase in value was recorded on 12 July - by 0.77% and the biggest drop on 31 July - by 0.34%.
The performance of the Non-weighed Slovenian Stock Exchange Index (SBI 20NT) in July was similar to the movement of the index SBI 20 in the same period. In July the value of the index SBI 20NT increased by 3.12 % from 1,624.17 points to 1,672.48 points. The average daily change of SBI 20NT during the whole month was between 0.28%and 0.6%.
On 31 July the Free Market Index (IPT), which is composed of ordinary shares of 15 different issuers from the free market, recorded a value of 1,000.40 points, which is almost the same value recorded at the beginning of the month. During the whole month the index IPT was traded at a low volatility. In the first seven days of July the IPT declined by 3.42%and reached its minimum value at 965.83 points. After that the index oscillated with a maximum daily change of 2%.
The value of the Index of Authorised Investment Funds (PIX) decreased from 1,254,61 points to 1,238,45 points or 1.29%and was one of the three indices (two industrial sector indices) which showed a negative trend in July. During the whole month the index PIX was also traded at a low volatility. In July the spread between the minimum and maximum value of the index amounted to 50.41 points. The highest increase in value was recorded on 11 July - by 2.19%and the biggest drop on 24 July - by 1.61%.
In July the The Stock Exchange Bond Index (BIO) started trading at the value of 105.55 points and its value did not change almost the whole month. The value of BIO at the end of July was 106.37 points, hence BIO recorded a 0.78%increase of its value in July.
In July the value of four industrial sector indices increased (Food and beverages, Pharmaceuticals, Chemicals, Oil and gas) and the other two industrial sector indices declined. In July the highest increase was recorded by the index Oil and gas (13.9%) due to continual and the highest growth of prices of shares of Petrol and Istrabenz, both included in the index. In the other three sectors, which recorded a positive trend in this month, the indices recorded a more modest increase from 1.37% to 4.99%. In Transport the index declined by 11.99% (the biggest price drop was recorded by the company Nama -11.99%) and in Trade by 2.93% (the biggest price drop was recorded by the company Aerodrom -4.87%).
On 31 July 2000 the total market capitalisation of securities traded on the Exchange (including shares of investment companies) amounted to SIT1,020.06 billion,10 million lower than its level on 30 June. The decrease was recorded mostly because of lower market capitalisation of the bonds due to the date of maturity of the bonds RS09 in July. The total market capitalisation of securities, traded on the Exchange increased by 13.71% in one year period.
The market capitalisation of the shares listed on the official market of the Exchange increased from SIT 427.86 billion to SIT 490.92 billion or by 14.74%in one year’s time. The capitalisation of shares on the free market increased in the same period by 40%. At the end of July 2000, the market capitalisation of all shares traded on the Exchange (official and free markets) (SIT 629.17 billion) made up 17.30% of GDP in the year 1999 - SIT 3,637 billion at current prices.(Source: Statistical Office of the Republic of Slovenia, April 2000).Market capitalisation of six investment funds was SIT 139.1 billion at the end of July 2000.
