Primarily due to the rise in the price of Valamar stock, today the Crobex indices strengthened on the Zagreb Stock Exchange, with stable trading volume.
Around 12:00 PM, the Crobex was up 0.78 percent, at 1,943 points, while Crobex10 was up 0.46 percent, at 1,077 points.
The regular trading volume amounted to 11.12 million kuna, which is approximately one million kuna more than yesterday at this time. Of this, 3.6 million kuna relates to trading in the Croatian government bond, marked 227-E.
-After yesterday’s slight decline, the Crobex indices are in slight positive territory today, primarily due to the rise in the price of Valamar stock. The price of this stock has increased by as much as 18 percent since the beginning of the week. Generally, throughout the week, the tourism sector has been in greater focus for investors – says Ana Vitaić Gladović, an analyst in the Economic Research Department of Hypo Alpe Adria Bank.
By noon, only the Valamar Adriatic stock achieved a million kuna in trading volume, amounting to 1.72 million kuna. Its price rose by 3.45 percent, to 153 kuna.
In the tourism sector, the stock of Maistra also significantly increased, by 5.53 percent, to 70.41 kuna. At the same time, the price of the Riviera stock stagnates at 14.22 kuna, while Arenaturist is down 2.44 percent, to 166.5 kuna.
In terms of liquidity, the stock of Petrokemija follows, with a trading volume of 922,000 kuna. With a price drop of 3.38 percent, to 227 kuna, it is the biggest loser among the more liquid issues.
Significant trading was also achieved with the stock of Kraš, 701,000 kuna, with its price rising by 4.65 percent, to 455 kuna. The stock of HT achieved a trading volume of 610,000 kuna, and its price strengthened by 0.18 percent, to 217 kuna.
