Trading on the Zagreb Stock Exchange continues to be characterized by very low liquidity, with the shares of the construction sector drawing somewhat greater investor focus, which are experiencing a sharper decline in prices.
The Crobex index at 12:00 PM stood at 2,153 points, što je 0,43 posto niže u odnosu na jučer. At the same time, Crobex10 reached 1,154 points, recording a loss of 0.60 percent. The regular turnover of shares was 7.5 million kuna, što je otprilike tri milijuna manje nego jučer u ovo doba. "The domestic market continues to experience quite low liquidity, which is why trading is lethargic. This is also a consequence of the still poor macroeconomic outlook for the domestic economy. Under the pressure of poor indicators, investors currently do not see even a glimmer of optimism, which could be the only thing to stimulate trading," says Dalibor Balgač, an analyst in the Economic Research Department of Hypo Alpe Adria Bank. The only stock with a million kuna turnover so far is T-HT’s share, which achieved 2.74 million kuna. Its price has weakened by 0.81 percent to 320 kuna. Today, construction shares are also in somewhat greater focus for investors, after Montenegrin Prime Minister Milo Đukanović stated on Thursday that the Croatian consortium Konstruktor-IGH-Tehnika lost the so-called job of the century related to the construction of the Bar-Boljare highway. Thus, the IGH share plummeted by 4.8 percent, bringing its current price to 2,446 kuna.
