The new index will be a total return index and will include all 5 companies of the Croatian prime market and 8 companies of the Slovenian prime market (subject to change based on the decision of each stock market). Note that the weight of each constituent share will be capped at 15%.
Following up on our blog, Zagreb and Ljubljana Stock Exchanges published that they will launch new joint equity index called ADRIAprime, as of 19 June 2019.
ADRIAprime is a free float market capitalization weighted total return index. The mentioned index will include shares listed on the Prime Markets of the Zagreb and Ljubljana Stock Exchanges, whose selection will depend on the decision of each stock market. The weight of each constituent share will be capped at 15%. The base level will be set at 1,000.00 points on 30 April 2019 and it will be calculated in Euros.
Note that ADRIAprime will be the first Zagreb and Ljubljana Stock Exchanges joint index and eleventh Zagreb Stock Exchange equity index.
All index components and their weights can be seen in the table below.
ADRIAprime Index Composition
| wdt_ID | Company | Ticker | Exchange | Weight (%) |
|---|---|---|---|---|
| 1 | KRKA | KRKG | LJSE | 15,00 |
| 2 | PETROL | PETG | LJSE | 15,00 |
| 3 | VALAMAR RIVIERA | RIVP | ZSE | 12,30 |
| 4 | PODRAVKA | PODR | ZSE | 11,11 |
| 5 | TRIGLAV | ZVTG | LJSE | 11,04 |
| 6 | ATLANTIC GRUPA | ATGR | ZSE | 8,12 |
| 7 | LUKA KOPER | LKPG | LJSE | 5,47 |
| 8 | TELEKOM SLOVENIJE | TLSG | LJSE | 5,35 |
| 9 | SAVA RE | POSR | LJSE | 4,73 |
| 10 | ARENA HOSPITALITY | ARNT | ZSE | 4,42 |
| 11 | NLB | NLBR | LJSE | 4,27 |
| 12 | AD PLASTIK | ADPL | ZSE | 2,52 |
| 13 | INTEREUROPA | IEKG | LJSE | 0,66 |
If we were to look at the performance of the index (shares based on the weight) since 30 April, one can notice that it has increased by 2.1%. You can see the performance of the index in the graph below.
ADRIAprime Performance Since 30.04.2019.
