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Calming of the negative trend for IGH and Tehnika, Dalekovod up by 1.89 percent

After yesterday’s plunge in the shares of the companies that are members of the Consortium meant to build the Montenegrin highway Bar-Boljare, the situation today is somewhat calmer. After nearly three hours of trading, Tehnika is recording a slight gain, while IGH is down by 0.55 percent.

Investors sharply punished the shares of the IGH Institute and Tehnika yesterday due to the definitive loss of the ‘job of the century’ in Montenegro, but today’s trading suggests that yesterday’s negative correction was indeed sufficient. Specifically, after nearly three hours of trading, IGH is slightly down by 0.55 percent with a turnover of just over one million kuna, while Tehnika, the second member of the failed consortium, has regained part of what was lost yesterday. With a turnover of only 165 thousand kuna, Tehnika is today recording a price increase of 1.38 percent. Crobex is currently down by 0.09 percent, and besides these two construction companies, there is somewhat more trading in the shares of Dalekovod, which today announced that it has secured a contract for the construction of a shopping center in Zagreb worth 80 million euros. Dalekovod’s shares are currently up by 1.89 percent. (Amir Kulenović)