In October, the Viaduct Stock Gained the Most

In October, the favorable trading statistics from September continued on the Zagreb Stock Exchange, with regular trading in shares increasing by 20 percent compared to September, reaching 244 million kuna, and the stock indices also finished the month in the positive.

The value of Crobex increased by 2.3 percent, to 1,754.82 points, while Crobex10 ended October at 982.49 points, which is 2.9 percent higher than at the end of September, as announced today by the Zagreb Stock Exchange. The most traded stock in October, with a turnover exceeding 40 million kuna, was HT’s stock, which rose by 0.7 percent last month, to 204.32 kuna.
Following closely with a turnover of nearly 30 million kuna was the preferred stock of the Adris Group, which also saw its price increase by as much as 12.1 percent, to 249.99 kuna.
Shares of Končar Elektroindustrija, with a monthly turnover of 19 million kuna, recorded a price increase of 5.2 percent, to a closing price of 610 kuna.
Shares of Ericsson Nikola Tesla achieved a turnover of 11.5 million kuna in October, and these shares also ended the month with a price increase of 9.4 percent, to 1,280.01 kuna. More than 8 million kuna in turnover was ‘collected’ last month by the shares of INA and Valamar Adria Holding, with INA’s stock decreasing by 5.8 percent, to 4,147 kuna, while Valamar’s stock increased by 6.6 percent, to 108.17 kuna.

Among the stocks that achieved million kuna turnover in October, the largest price increase was recorded by the Viaduct stock, which rose by 15.9 percent, to 259 kuna, with a turnover of 3.5 million kuna, while the stock of the Lošinjska plovidba holding increased by 15.4 percent, to 54.8 kuna. However, the turnover of that stock in October amounted to just over one million kuna.

At the same time, the stock of Dioki decreased by the largest 20.75 percent last month, to a closing price of 15.85 kuna, with a monthly turnover of 4.4 million kuna.

The decline in the price of Dioki shares is a result of the company’s announcement in mid-October that it would close the production units (PJ) Ethylene, Polyethylene, Chemicals, and EPSIK at the Zagreb Žitnjak, as well as the decision to close the PJ EPSIK facility and part of the energy modules related to that facility, and that it would proceed with the redundancy of workers from those facilities and other related services in accordance with the law and obligations from the Collective Agreement.
A significant price drop of 16.1 percent, to 99.85 kuna, with a turnover of 7.7 million kuna, was also recorded by the shares of Dalekovod, from which it was reported at the end of the month about the blocking of accounts by a business bank.