Croatian & Slovenian Market Witness Another Trading Day in Red

Yesterday, CROBEX and SBITOP recorded a decrease of 1.37% and 2.3%, respectively.

Croatian & Slovenian equity market recorded another trading day in red, with the main stock exchange index observing a decrease of 1.37% and 2.3%, respectively.

In Croatia, 39 out of 60 traded shares ended the day in red. Meanwhile, 11 out of 15 CROBEX constituents witnessed a share price decrease, with Đuro Đaković recording the highest decrease of 19.8%. On the flip side, 3 companies ended the trading day in green, with Optima Telekom leading the list (+8.6%). Note that the Croatian market once again witnessed an above average turnover of HRK 45.9m (EUR 6.2m).

Share Price Performance of CROBEX Constituents (25.2.2020) (%)

In Slovenia, 8 out of 11 SBITOP constituents recorded a share price decrease, with Luka Koper witnessing the highest decrease of 9.73%. It is worth noting that earlier this month, local media covered that Luka Koper’s operations might be affected by the coronavirus. To be specific, coronavirus situation is expected to affect transshipment volumes. Container cargo and vehicles are likely to be impacted the most, while explaining it had not yet received any instructions concerning potential health measures. The extent to which transshipment volumes could be affected were not stated. It is important to stress that Luka Koper has not published any official statement regarding the aforementioned situation.

Of the index heavy weights, Krka recorded a decrease of 2.45%, while Petrol recorded a 2.16% decrease.

Share Price Performance of SBITOP Constituents (25.2.2020) (%)

InterCapital
Published
Category : Flash News

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