Ljubljana Stock Exchange in 1997

Ljubljana, 17 December - BOURSE
Despite changing market conditions, the Ljubljana Stock Exchange has closed the year successfully, its director Draško Veselinovič told a news conference on Wednesday. 33 newly privatized joint stock companies placed their shares in the stock exchange market, bringing the total number to 61. However, expectations of shares by authorized investment companies entering the floor failed to materialize. Characteristic of 1997 was also the introduction of the physical persons capital gains tax, under which investors who this year sold securities will have until 28 February next year to submit special tax declarations for capital gains to the National Tax Administration.