Wednesday, 29 June 2022

Crobex Rises for Fourth Straight Day

ZAGREB, 29 June 2022 - Amid careful trading on the Zagreb Stock Exchange on Wednesday, the main indices increased, with the Crobex continuing a four-day rise despite a poor turnover.

The Crobex strengthened by 0.24% to 2,035 points. At the same time, the Crobex10 increased by 0.31% to 1,207 points, increasing for the second day in a row.

Regular turnover amounted to almost HRK 4.6 million, which was 1.6 million less than on Tuesday.

Not one stock crossed the million kuna mark. The most traded was Ericsson Nikola Tesla, turning over HRK 560,000. It closed at HRK 1,815 per share, the same as yesterday.

Twenty-seven stocks traded today, with 9 increasing and 8 decreasing in price, while 10 remained stable.

(€1 = HRK 7.525950)

For more, check out our business section.

Friday, 20 May 2022

ZSE Indices Mildly Rise Amid Modest Turnover

ZAGREB, 20 May 2022 - The main Zagreb Stock Exchange (ZSE) indices -- the Crobex and the specialized Crobex 10 -- rose by 0.39% to 2081.62 points and by 0.37% to 1240.79 points respectively on Friday.

Today's turnover was HRK 4.3 million, a million kuna more than on Thursday.

None of the stocks passed the turnover mark of one million kunas. The highest turnover, HRK 982,300, was generated by the stock of the Valamar Riviera tourism company. It share price rose 2.1% to HRK 34.10 per share.

A total of 40 stocks were traded today, with 15 of them increasing and also 15 decreasing, and 10 remaining stables in price.

(€1 = HRK 7.529183)

For more, check out our business section.

Monday, 16 May 2022

ZSE Indices Slide

ZAGREB, 16 May 2022 - The main Zagreb Stock Exchange (ZSE) indices slid 0.2% on Monday amid cautious trading.

The Crobex decreased by 0.22% to 2,077 points and the Crobex10 by 0.25% to 1,238 points.

The industry index saw the biggest decline, of 0.96%, while the construction index rose by as much as 15.13%, thanks to a jump in the price of the stock of the Institut IGH construction company by nearly 28%, to HRK 110 per share.

Regular turnover amounted to HRK 5.8 million, or HRK 1.1 million less than on Friday.

The only stock with the one million kuna turnover mark was that of the Croatian Postal Bank (HPB), which turned over HRK 1.14 million, closing at HRK 910 per share, down 0.55%.

Forty-one stocks traded on the ZSE today, with 16 registering share price increases, 15 recording price decreases and 10 remaining stable in price.

(€1 = HRK 7.526206)

For more, check out our business section.

Thursday, 21 April 2022

ZSE Indices Stagnate

ZAGREB, 21 April 2022 - The Zagreb Stock Exchange (ZSE) indices went in opposite directions on Thursday, remaining relatively unchanged, with the Crobex increasing by 0.11% to 2,136 points and the Crobex10 decreasing by 0.1% to 1,286 points.

Regular turnover amounted to HRK 7.5 million, about HRK 4.4 less than on Wednesday.

The only stock to cross the one million kuna turnover mark was the Valamar Riviera hotel company, which turned over nearly two million kuna. Its price went up by 1.4% to HRK 36 per share, its highest level since February 2020.

A total of 42 stocks were traded on the ZSE today, with 23 gainings and nine losing in price, while 10 were stable.

(€1 = HRK 7.554607)

For more, check out our business section.

Wednesday, 16 March 2022

Croatians Stockpiling, Spending HRK 160 Million More Each Week

ZAGREB, 16 March 2022- Ever since the war in Ukraine started, Croatian citizens have been spending HRK 160 million more a week than prior to the war, the Večernji List daily reported on Wednesday.

Last week's fiscalised retail turnover was about HRK 2.7 billion as against HRK 2.54 billion a week in the weeks prior to the war. That is a jump of 6% on the week and such a sudden increase occurs only for public holidays or in extraordinary situations. The war that has shocked all of Europe is certainly one of those situations and it has aroused fear of shortages, which is why citizens have started stockpiling, doing so also in an attempt to avoid unwanted price hikes.

A consultant on agriculture and the food industry, Zvjezdana Blažić, says that the increased turnover is undoubtedly due to stockpiling but also due to consumers trying to avoid price hikes caused by disruptions on the domestic and foreign markets.

The prices of yearling beef has increased between 20% to 27% on the year while the price of beef has increased by 12.5%, that of lamb by 12% and of pork by about 10%. The price of poultry has increased by 8.5% to 30% while vegetable prices have increased by 20%, Blažić explained.

She underscored that it's difficult to keep tabs on prices as they are changing each week so the effect of the reduced VAT on some products is not quite clear, with some retailers having reduced VAT even before the set deadline of 1 April.

"Each EU member wants to increase its strategic stockpiles and retailers are probably increasing their orders, and speculation plays a big role in that. I don't see that the rush for goods is that noticeable for the time being as it was in the first ten days or so of the pandemic and lockdown. I haven't seen people overloading their shopping trolleys and we are yet to see what will happen in a week or two, nobody knows," the head of the Croatiastočar organisation representing livestock producers, Branko Bobetić, said.

Given that Croatia is not self-sufficient for any category of meat, further disruptions in supply chains will cause a further increase in prices of meat, and prices of fish have been going up as well, the Večernji List said.

 

Business: For more, check out our business section.

Friday, 11 February 2022

Crobex Indices Down After Rising Several Days

ZAGREB, 11 Feb 2022 - The main Zagreb Stock Exchange indices dipped on Friday after several days of growth, the Crobex by 0.03% to 2,164 points and the Crobex10 by 0.05% to 1,318 points.

Regular turnover was HRK 7.9 million, about 300,000 less than on Thursday.

The most traded stock was Atlantska Plovidba shipping company, turning over HRK 1.95 million. It closed at HRK 463 per share, down 0.91%.

Another two stocks crossed the million kuna mark: Sunce Hotels, turning over HRK 1.25 million and closing at HRK 145 (+3.57%), and HT telecom, which turned over HRK 1 million, closing at HRK 187.5 (+0.54%).

Forty-three stocks traded today: 18 going up in price, ten going down, while 15 were stable.

(€1 = HRK 7.524737)

For more, check out our business section.

Monday, 31 January 2022

ZSE Indices Go Up Amid Weak Turnover

ZAGREB, 31 January 2022 - The main Zagreb Stock Exchange (ZSE) indices went up slightly amid weak turnover, with the Crobex increasing by 0.33% to 2,132.61 points and the Crobex10 by 0.40% to 1,301.52 points.

Regular turnover was HRK 3.9 million, about HRK 700,000 less than on Friday.

No stock crossed the million kuna mark in trading.

Končar generated the highest turnover, of HRK 552,100, closing at HRK 900 per share, up 1.69%.

Thirty-six stocks traded today, with 11 gaining in price and 11 losing, while 14 were stable.

(€1 = HRK 7.528487)

For more, check out our business section.

Friday, 28 January 2022

ZSE: Crobex Indices Up

ZAGREB, 28 Jan 2022 - The main Zagreb Stock Exchange (ZSE) indices went up on Friday, the Crobex by 0.09% to 2,125 points and the Crobex10 by 0.27% to 1,296 points.

Regular turnover was HRK 4.6 million, about 1.5 million less than on Thursday.

The most traded stock and the only one to cross the million kuna mark was Atlantska Plovidba shipping company, which turned over HRK 1.14 million. It closed at HRK 387 per share, up 4.03%.

Thirty-seven stocks traded today, with 15 increasing and 12 decreasing in price, while ten were stable.

(€1 = HRK 7.526395)

For more, check out our dedicated business section.

Wednesday, 26 January 2022

ZSE Indices Increase

ZAGREB, 26 Jan 2022 - The main Zagreb Stock Exchange (ZSE) indices rose on Wednesday, the Crobex by 1.15% to 2,147.32 points and the Crobex10 by 1.01% to 1,306.91 points.

Regular turnover was HRK 7.4 million, or about HRK 2.8 million less than on Tuesday.

The highest turnover was generated by the Valamar Riviera stock, HRK 1.6 million. Its price went up by 2.99% to HRK 34.50 per share.

The stock of the HT telecommunications company turned over HRK 1.2 million, closing at HRK 184, up 0.27%.

The stock of the Atlantska Plovidba shipping company generated a turnover of HRK 1.19 million. Its price rose by 3.64% to HRK 370.

Forty-two stocks traded today, with 25 increasing in price and seven decreasing, while 10 were stable.

(€1 = HRK 7.525776)

For more, check out our business section.

Thursday, 20 January 2022

ZSE Indices Dip

ZAGREB, 20 Jan 2022 - The main Zagreb Stock Exchange (ZSE) indices ended their positive run on Thursday, with the Crobex shedding 0.33% to close at 2,205 points and the Crobex10 falling by 0.16% to 1,340 points.

The Crobex ended its 19-day winning streak during which it had gained 9% in total, while the Crobex10 had been on the rise for eight consecutive trading days.

Turnover at the close of the trading session was HRK 12.86 million, which is 2.9 million higher than on Wednesday. A further HRK 23.26 million was generated by a block transaction with shares of the Span IT company at HRK 212 per share.

Four stocks passed the turnover mark of one million kuna.

The stock of the HT telecommunications company turned over HRK 2.8 million, its price stagnating at HRK 185.5 per share.

The Podravka food company saw its share price drop by 0.57% to HRK 696, turning over HRK 2.35 million.

The stock of telecommunications equipment manufacturer Ericsson Nikola Tesla turned over HRK 1.83 million, closing at HRK 1,995 per share, down 1.72%.

The stock of the Atlantska Plovidba shipping company turned over HRK 1.16 million. Its price fell by 2.12% to HRK 369 per share.

Forty stocks traded today, with 13 of them registering price increases, 19 recording price decreases, and 8 stagnating in price.

(€1 = HRK 7.519819)

For more, check out our dedicated business section.

Page 1 of 3

Search