On the Zagreb Stock Exchange, today’s trading was marked by a new sharp decline in stock prices, despite low turnover, with the stock index Crobex decreasing by a significant 5.45 percent, falling to a level below 2,000 points. Crobex ended today’s trading at 1,932.87 points, which is its lowest level since mid-September 2005.
Regular turnover today amounted to only 36.2 million kuna, while the total turnover of the Exchange was 43.2 million kuna. Analysts assess that there are no major buyers, so prices are significantly dropping on low turnovers. The most traded stock, HT, had a turnover of 8.7 million kuna, and its price decreased by 3.78 percent to a record low of 210 kuna. The price of the Atlantska plovidba stock recorded an 8 percent drop to 772.79 kuna with a turnover of 3.1 million kuna.
The price of IGH stock decreased by 5.94 percent to 5,700 kuna with a turnover of 2.6 million kuna. The Ingra stock was sold for 2.4 million kuna, and its price fell by 7.56 percent to 105.52 kuna. Other stocks with turnovers exceeding two million kuna included Petrokemija, with a price drop of 6.71 percent to 139 kuna, and Podravka, which recorded a slight decline of 0.35 percent to 285 kuna. Other few stocks with turnovers greater than one million kuna recorded significant declines – Ine by 8.78 percent to 1,350 kuna, while the prices of Adrisa (p) stocks fell by 5.96 percent, Dalekovod by 5.88 percent, and Končar by 4.95 percent. (H)
