In January, ZSE observed an average daily turnover of roughly EUR 0.74m (-62% YoY).
The Zagreb Stock Exchange published their trading statistics for January 2019, posting an average daily turnover of roughly EUR 0.74m, which represents a decrease of 48% MoM and a decrease of 62% YoY. . However, the decrease in average daily turnover did not go hand in hand with total equity market capitalization (+1%) which amounted to EUR 18bn.
Of the total value traded in the period (excluding block transactions), Adris generated 14%, followed by HT with 13%, Valamar with 12%, Arena Hospitality and Maistra with 7%. These 5 companies generated more than half of the turnover recorded for the entire market.
Ina’s share price still has the biggest influence on the total exchange equity market capitalization, accounting for about 24% of the total value. Next come two Croatian banks – Zagrebacka Banka and PBZ with 15% and 11%, respectively. Afterwards, HT holds 10% while Adris recorded 4% of the total market capitalization value.
Turning our attention to indices, most of them finished green, with CROBEXtransport observing the highest increase of 9.1%. CROBEXindustrija (industry) follows with an increase of 4.3%. The worst performing index was CROBEXturist (tourism), which decreased by 3%. Note that CROBEX observed a slight increase of 0.7%.