Most traded was Viro, Dalekovod price increased

The stock indices of the Zagreb Stock Exchange rose today, with Crobex increasing by 0.69 percent to 1,750.67 points, and Crobex10 rising by 0.44 percent to 987.96 points. The regular turnover of the Exchange today amounted to 13.7 million kuna.

The most traded were the shares of Viro, which was the only one with a turnover in the millions, while the share of Dalekovod stands out with a price increase of just over 17 percent. The shares of Viro achieved a turnover of 3.6 million kuna, and its price increased by 0.21 percent to 526.12 kuna. Viro announced at the end of last week an extraordinary general meeting to be held on December 27, for which decisions were proposed regarding the payment of dividends from retained earnings in the amount of 20 kuna per share and the withdrawal of the company’s shares from listing on the regulated market.

Today, Viro further explains through the Zagreb Stock Exchange that the Management believes there is currently no interest from the company in listing its shares on the regulated market, considering the state of the capital market in Croatia and the needs of the company.
– Namely, the company currently does not see opportunities, nor does it have the need to raise funds in the capital market, and on the other hand, the listing of shares on the capital market represents a significant cost (direct and indirect) for the company – it is stated in the explanation.

The largest price increase of 17.42 percent, to 79.96 kuna, was recorded by the shares of Dalekovod, with a turnover of 875.4 thousand kuna. Thus, the price of Dalekovod shares shows a slightly higher increase after it began to ‘recover’ slowly from the significant price drop recorded after the company announced at the end of October that its account was blocked.

The shares of HT were traded today for 842.1 thousand kuna, with a price decrease of 0.41 percent to 206.12 kuna. The shares of Ina, with a price increase of 0.17 percent to 4,207.02 kuna, achieved a turnover of 615.7 thousand kuna. Among the more traded shares, price increases were recorded for the shares of Ericsson Nikola Tesla by 0.56 percent, Valamar Adria Holding by 3.05 percent, Končar Elektroindustrija by 3.38 percent, Atlantska Plovidba by 3.75 percent, and after the notification of account unblocking, the price of Badel 1862 shares increased by 6.34 percent.

Conversely, the trading ended with a price decrease for the shares of Petrokemija by 0.52 percent, AD Plastika by 0.64 percent, and a slightly larger drop of 6.31 percent was recorded for the shares of Ingra.