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SBI 20 Index Almost Hits 3,000 Points, Sets New Record

Ljubljana, 23 August - The Slovene benchmark SBI 20 index closed just below 3,000 points Friday after gaining as many as 92.95 points or 3.20 percent to 2,996.98 points. Heavy trading was fuelled mainly by speculations over a takeover of a leading Slovene pharmaceutical company after Lek received Thursday an invitation to begin talks on a sell-off offer. It is as yet unknown who the bidder is.

Below is a roundup of indices on the Ljubljana Stock Exchange following today's trading:

Benchmark Index, SBI 20            2,996.98 pts    +92.95 pts         +3.20%
Investment Companies' Index, PIX   2,424.75       +124.08             +5.39%
Free Market Index, IPT	           2,278.75        +48.34             +2.17%
Bond Index, BIO                      108.15         -0.29             -0.27%

© STA, 2002