Dalekovod Share Price Falls by 5.7 Percent

The Crobex indices of the Zagreb Stock Exchange weakened today, ending a three-day rise, with the most significant declines seen in the construction sector.

The Crobex index was down 0.2 percent around noon, at 1,841 points, while Crobex10 fell by 0.37 percent, to 1,037 points.

Regular trading in shares amounted to 3.2 million kuna, which is approximately one million kuna less than yesterday at this time.

“The domestic market is slightly down, with weak trading. The most traded stock is that of Luka Ploče. There are no encouraging news, so investors have no direction,” emphasizes Nigela Bubalo, broker and member of the Management Board of the investment company Credos.

By noon, the stock of Luka Ploče recorded a turnover of 500 thousand kuna, and its price weakened by 0.11 percent, to 500 kuna.

Following in turnover is the stock of HT, with 464,000 kuna, along with a slight price drop of 0.24 percent, to 182 kuna.

The construction sector recorded the largest losses, with the sector index Crobexkonstrukt down by 2.9 percent.

Meanwhile, the price of Dalekovod shares fell by 5.7 percent, to 34.4 kuna. The company reported today that the president of the Commercial Court, Nada Nekić Plevko, rejected its request for the recusal of judge Mislav Kolakušić, who will continue to resolve the pre-bankruptcy settlement of Dalekovod.

Dalekovod does not wish to comment on this for now, only reminding that the deadline is ongoing in which the Constitutional Court ordered the continuation of the pre-bankruptcy settlement procedure.

An even greater loss was suffered by the stock of IGH, whose price fell by more than 8 percent. The stock of Tehnika is down by 2.48 percent, and the prices of shares of Ingra and Hiodroelektre niskogradnje have also fallen by approximately 0.5 percent.

A slightly larger gain among the more liquid issues is recorded by the stock of Cavtat hotels, with a price increase of nearly 4 percent.