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ZSE: Regular trading of shares in August fell by 20.5 percent

Regular trading of shares on the Zagreb Stock Exchange in August amounted to 223 million kuna, which is a decrease of 20.5 percent compared to July, while the value of the stock index Crobex fell by 0.5 percent, ending August at 1,848.06 points.

The specialized index Crobex10 fell by one percent in August compared to July, reaching 979.28 points. Thus, Crobex10, after falling below a thousand points for the first time since its introduction in September last year in June, ended the month below that level for the third consecutive time. The Stock Exchange assesses that it is still difficult to read investor sentiment from the trading overview for August.

“Indeed, a 20 percent decrease in regular trading of shares compared to the previous month is potentially concerning data, but if we take into account the traditionally quiet summer period and a total trading increase of 5.2 percent compared to July and a hundred percent increase compared to August last year, there may still be room for optimism,” it is emphasized in the commentary of the monthly stock report. It is also noted that regular daily trading in August fluctuated significantly, from 6.5 to nearly 30 million kuna.

Among the ten most traded shares in August was the share of Čakovečki mlinovi, which recorded the highest price increase of 15.2 percent, reaching 3,449 kuna. The trading volume of Čakovečki mlinovi shares amounted to 8.1 million kuna.

The total trading volume of the stock exchange in August was 901.2 million kuna, an increase of 5.2 percent compared to July. The Stock Exchange highlights that August was characterized by somewhat more intense trading in bonds, which is increasing across all segments. Thus, regular trading in bonds amounted to 71.5 million kuna, which is an increase of 72.2 percent compared to July. Institutional trading in August amounted to 559.9 million kuna, which is 22.5 percent more than in July, while reported trading decreased by 39.7 percent to 46.6 million kuna.

The least liquid share in August was that of HT, with a trading volume of 79.3 million kuna and a price decrease of 0.7 percent to 256.95 kuna. The HT share accounted for 35.6 percent of the total trading volume of shares during August on the Zagreb Stock Exchange. The preferred share of Adris Group was second in trading volume with 22.3 million kuna and a price decrease of 0.4 percent to 253 kuna. Following in trading volume is the share of Atlantska plovidba with 12.1 million kuna and a price decrease of 3.9 percent to 807 kuna. The trading volume of INA shares amounted to 10.3 million kuna, with a price decrease of 1.7 percent to 1,631 kuna.

In fifth place by trading volume in August were the shares of Atlantic Group, which traded for 9.4 million kuna, with a price increase of 1.7 percent to 717 kuna. The share of Končar Elektroindustrija recorded a price increase of 0.2 percent to 480.15 kuna, with a trading volume of 8.5 million kuna. The price of Ingra shares fell by 11.9 percent to 20.25 kuna, with a trading volume of 6.6 million kuna. Among the more traded shares in August were the shares of Ericsson Nikola Tesla (6.4 million kuna) and Dalekovod (4.8 million kuna), while the price of Ericsson Nikola Tesla shares increased by 3.1 percent, and Dalekovod shares ended August with a price 2.2 percent lower than in July.  (H)