LJUBLJANA, Nov. 14 (Xinhua) -- Shares of Nova Ljubljanska banka (NLB), Slovenia's largest bank, closed 10 percent higher than its initial public offering price on Wednesday, the first trading day, on the Ljubljana stock exchange.
NLB's shares ended at 56.65 euros (64.7 U.S. dollars) per share, up 10 percent from its IPO price of 51.5 euros.
While on the London Stock Exchange, NLB's global depositary receipts (GDRs) added roughly 11 percent to stabilize at around 11.50 euros by late afternoon.
In Ljubljana, turnover reached 2.9 million euros during the trading day.
Citing Matej Simnic, a financial analyst from Alta Invest Slovenia, the Slovenian Press Agency STA said the figures showed the stock has been well received.
"The price jump has for now offset the risk of the IPO buyers, while still not chasing away investors who missed the first opportunity to buy," he said.
