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In the Greatest Focus: Shares of Atlantska Plovidba and Janafa

In the greatest focus of investors during today’s trading on the Zagreb Stock Exchange are the shares of Atlantska Plovidba and Jadranski Naftovod (Janaf), and with continued weak liquidity, the Crobex index oscillates between positive and negative territory.

The Crobex index at 1:00 PM was at 1,662 points, što is 0.31 percent higher than yesterday’s closing of the exchange. Regular trading in shares reached 12.36 million kuna."Liquidity in the market remains weak, and the stock index oscillates from positive to negative territory. Investor interest is very weak," says Mirjana Lovrenčić, a broker at Ilirika Securities. The highest turnover was achieved by the shares of Atlantska Plovidba, amounting to 2.6 million kuna. Its price has increased by 3.8 percent, reaching 800 kuna.

According to Lovrenčić, investors are encouraged by the strong jump in the Baltic Dry Index (BDI) of 15 percent yesterday due to the recovery of Chinese demand for raw materials. Although with significantly lower turnover, the shares of Jadroplov also recorded a price increase of 4.55 percent. The price of Tankerska Plovidba shares rose by 2.7 percent, while Uljanik Plovidba fell by 2.6 percent. Notably, the shares of Janafa surged by as much as 63 percent to 2,200 kuna. During the morning, it was in positive blockage, with its price ranging from 1,900 to 2,500 kuna. So far, it has achieved a turnover of 1.35 million kuna.

"In anticipation of details related to the announced recapitalization, Janafa shares are attracting significant investor interest," assesses Lovrenčić. After yesterday’s turnover of 18.7 million kuna, the shares of Slatinska Banka are again among the most liquid issues, with a turnover of 1.52 million kuna. A total of four transactions were conducted at 127 kuna, the same as yesterday. The shares of T-HT, with a turnover of 1.41 million kuna, recorded a price increase of 0.76 percent, reaching 220.4 kuna. Among the millionaires today, the shares of Dalekovod also made the list, with its price rising by 4.07 percent, nearing 352 kuna. (H)