Trading in the shares of Hrvatski Telekom has settled into a regular rhythm. After yesterday’s day and a price spike at times to the magical threshold of 400 kuna, today it has slightly fallen. The trading volume has decreased by almost half and was just over 38 million kuna.
The lowest price at which it was traded was 388, and the highest was 397 kuna, which is a slight drop of 1.22 percent compared to Monday. On the London Stock Exchange, the turnover has also nearly halved, and the price experienced an even greater decline – 19,358 shares (GDRs) changed hands, and the last price at which it was traded was 75 dollars or 385.22 kuna (a drop of 3.10 percent), slightly less than the price in Zagreb, which at the end of trading on Tuesday was 389 kuna for buying and 390 kuna for selling. It seems that some investors on the London Stock Exchange have decided to keep T-HT in their portfolio, so it can be expected that the turnover in London will continue to decline slightly in the coming days after the initial euphoria and frenzy of some of them for quick profits (about 40 percent in just a few days!). (Amir Kulenović)
*The author and his family own shares of T-HT.
