ZSE: Crobex Indices Decline on Both Daily and Weekly Levels

The main stock indices of the Zagreb Stock Exchange fell by about 0.4 percent on Friday, and they are also in the red on a weekly basis.

The Crobex index concludes the week at 1,864.48 points, which is a decrease of 0.42 percent compared to yesterday, while on a weekly basis, this decline is more pronounced at 0.70 percent. The Crobex10 at the end of today’s trading amounts to 1,081.38 points and is down by 0.38 percent on a daily basis, with a similar percentage decline recorded compared to the end of last week, at 0.39 percent.

Today’s regular trading volume amounted to 9.1 million kuna, which is about 3.1 million kuna more than yesterday.

Valamar Shares Achieve Highest Turnover

About one-third of today’s turnover, or slightly more than 3 million kuna, relates to trading in Valamar Riviera shares. The price of Valamar shares decreased by 1.64 percent to 41.90 kuna.

On the other hand, the price of HT shares increased by 1.52 percent to 167 kuna, with a turnover of 1.3 million kuna. The only other share with a million kuna turnover was AD Plastik, whose price is up by 0.27 percent to 187 kuna.

With an unchanged last price of 6,450 kuna, the shares of Čakovečki Mlinovi collected 619.2 thousand kuna in turnover. Following in turnover, which amounted to about 299 thousand kuna, are the shares of Ericsson Nikola Tesla, whose price decreased by 0.41 percent to 1,220 kuna.

The more liquid losers include Optima Telekom shares, with a price drop of 6.61 percent to 2.40 kuna, with a turnover of 143.2 thousand kuna.

A price drop of 5.23 percent to 290 kuna is also recorded for the shares of Hotel Maestral, which had a turnover of 110.3 thousand kuna.

According to today’s information from the Center for Restructuring and Sale (CERP), the only binding offer received for the privatization of Hotel Maestral was not accepted, so a new tender is expected to be announced. “For Hotel Maestral, the offer from Czech J&T IB Capital Markets was rejected by the Management Board because, although they offered an initial price for the shares, we expected a higher amount for investments, considering that this is a Dubrovnik hotel company in an attractive location. A new tender will soon be announced, taking care to obtain good offers,” said CERP.

Mixed Performances Today for Adris Group Shares, Regular Shares Price Decreased by 2.75 Percent to 496 Kuna, While Preferred Shares Slightly Increased by 0.23 Percent to 441 Kuna. The regular issue of Adris had a turnover of 252.7 thousand kuna, while the preferred issue had 240.7 thousand kuna.

Among Agrokor Shares, Ledo Had the Highest Trading

Shares of companies from the Agrokor group also concluded trading with mixed performances. The most traded among them was Ledo’s share with a turnover of 286.5 thousand kuna, and its price decreased by 0.87 percent to 400 kuna. The price of Jamnica shares remained unchanged at 5,100 kuna, with a turnover of 137.4 thousand kuna, while the price of Belje shares increased by 2.27 percent to 2.70 kuna, with a turnover of 109.4 thousand kuna. Vupik shares, with a modest turnover of only two thousand kuna, lead today’s gainers with a price increase of 10.87 percent to 5.10 kuna.