The Zagreb Stock Exchange Index Commission has conducted a revision of the Crobex stock index, from which five stocks have been excluded due to insufficient trading volume and inadequate minimum free float market capitalization, while five new stocks have been included in its calculation, among which is Magma.
As reported by the Zagreb Stock Exchange, the stocks of Belje and Đuro Đaković Holding did not meet the conditions for remaining in Crobex due to insufficient minimum free float market capitalization, as well as the stocks of Karlovačka banka, Luka Ploče, and Podravska banka, which did not meet the minimum trading volume requirement. However, the stocks of Croatia osiguranje (ordinary shares), Hidroelektra niskogradnje, Ingra, and Zagrebačka banka (ordinary shares) met the criteria for inclusion in the stock index calculation according to regular criteria, while the stock of Magma met the criteria for accelerated entry. The change in the composition of Crobex will take place after the trading ends on Friday, September 21.
