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Atlantic Group Stock Rises to 684 Kuna

On the Zagreb Stock Exchange today, for the fifth consecutive day, stock prices have fallen, a consequence of negative news from global markets, while there is too little good news from the domestic economy to significantly impact the market.

The Crobex index weakened by around 0.6 percent by 12:30 PM, diving to 1,835 points, a new lowest level in the last 11 months. The Crobex10 index, on the other hand, fell by 0.4 percent to 983 points, a new lowest level since the end of July last year when it was introduced. Regular trading in stocks amounted to around 4 million kuna, which is approximately 3 million less than yesterday at this time. By noon, the stock of Janafa was the only one with a turnover exceeding one million kuna. Its price increased by 0.6 percent. Among the five most liquid stocks today was also the stock of Atlantic Group. Its price rose by 1.5 percent to 684 kuna. This partially recovered from yesterday’s 4.4 percent loss following news of Atlantic’s acquisition of the Slovenian company Droga Kolinska. Also among the five most liquid stocks today were those of HT, Ina, and Ingra. The price of HT remained stable, while the stock of Ina decreased by about 0.7 percent, and Ingra’s stock fell by more than 2 percent. (H)