Crobex increased by 0.84% last week, Končar and Span led the trading

On the Zagreb Stock Exchange, cautious trading is expected on Monday, which is customary for the start of the week, as investors await news from the domestic and foreign economic scene that could direct the market.

Crobex index rose by 0.84 percent last week, to 3,777 points, while Crobex10 increased by 0.63 percent, to 2,402 points.

Indexes recover losses

Thus, the indexes have recovered part of the losses from the previous two weeks. Among the sector indexes, Crobexindustrija saw the highest increase, by 1.98 percent, while Crobexnutris experienced the largest decline, by 1.29 percent. Regular trading in shares amounted to 7.6 million euros, about 2.7 million less than the previous week.

In addition, a block trade of 680 thousand euros was realized in a transaction involving two shares.

The share of Končar generated 329 thousand euros at a price of 658 euros per share, while Čakovečkih mlinova generated 351 thousand euros at a price of 11.7 euros.

“Last week’s trading took place in a relatively calm tone, with a slightly positive sentiment, so the indexes rose slightly. The trading volume was lower than a week earlier,” says Duje Lozić, a financial analyst at Erste Bank.

The highest regular trading volume, 1.06 million euros, was recorded last week for the share of Končar, whose price rose by 2.2 percent, to 654 euros. This was followed by the preferred share of Adrisa with a trading volume of 788.4 thousand euros, while its price fell by 1.32 percent, to 75 euros. The share of Valamar Riviera was traded for 753 thousand euros, increasing by 1.56 percent, to 6.5 euros.

Significant trading was also recorded for the shares of Span, 542 thousand euros, and HT, 514 thousand euros. The share of Span increased by 3.1 percent, to 66.6 euros, while HT weakened by 0.24 percent, to 41.7 euros.

Čateks the biggest winner

The biggest winner was the share of Čateks, with a price jump of 11.6 percent, to 67.5 euros. Among the more liquid stocks, other significant winners included the shares of AD Plastika, which rose by 5.15 percent, to 20.4 euros, the regular Adrisa, by 4.35 percent, to 120 euros, and Ericsson Nikola Tesla, by 4.2 percent, to 198 euros.

The biggest loser among the more liquid stocks was the share of Granolia, with a price drop of 8.4 percent, to 6.55 euros.

A total of 52 shares were traded on the ZSE last week, with the price of 24 rising, 16 falling, and 12 remaining unchanged.

“This week, investors will monitor developments on global stock exchanges, and it will be interesting to see what happens with the share of Žito, given the significant acquisition,” says Duje Lozić.

Last week, Fortenova and Žito Grupa signed a purchase agreement for Zvijezda Plus and Zvijezda Slovenija, whereby Žito acquires a 100 percent stake in these companies, following regulatory approval.

The share of Žito increased by 3.08 percent last week, to 20.1 euros, with a trading volume of 354 thousand euros.