ECONOMIC BRIEFS

Slovak SAX index hits yet another low

The Slovak SAX index hit yet another all time low on October 21, falling 2.34 points or 2.48% to 91.93 in quiet trading. The drop was caused by decreases in the prices of drugs-maker Slovakofarma and refinery Slovnaft by 6.3 and 4.4% respectively. "General lethargy persists," J&T Securities Marian Herman said after the close, adding that the markets were waiting for signals from a new government, signs of crown stability or global investment climate changes. "Foreign investors seem to be waiting to hear something positive about the market," he added. Overall volume, including direct trades registered at the bourse, was 11,056 shares up from 9,533 shares traded on October 20. Turnover was 86.62 million crowns ($2.39 million) up from 5.00 million crowns.

Top stories

News digest: Crowd blocks entrance to parliament ahead of vaccine-related vote

The youngest member of the Slovak Olympic team kicks off the games with a personal record. Extensive reconstruction of Bratislava's Michael's Tower launched.


12 h
Pope Francis salutes the crowd as he arrives for the Angelus noon prayer from the window of his studio overlooking St.Peter's Square, at the Vatican, Sunday, July 18, 2021.

Pope's visit to Slovakia a miracle, says church analyst

Pope will meet people in four locations around Slovakia over his three-day visit in September.


22. júl
Protest in front of the parliament on July 23, 2021.

Protesters attempted to enter parliament, police intervened with tear gas (updated)

Protests are linked to the expected vote on new vaccination-based Covid measures.


18 h