Since the beginning of April 2020, CROBEX10 has experienced a considerable increase of 12.6%.

Like most markets, after going through a very poor share price performance of most companies since the end of February 2020, most of the companies on the Croatian capital market have observed a partial rebound in April as well as May.

YTD Daily Change of CROBEX10 (%)

Since the beginning of April, of the CROBEX10 constituents, 9 have recorded a double-digit increase with AD Plastik leading the list with an increase of 30.09%. Next to come is Optima Telekom with +23.04% and Atlantska Plovidba with +23.15%, respectively. Valamar Riviera follows with +18.67%.

On the flip side, when we are observing the YTD performance, CROBEX10 stands at 1,033.06 points, representing still a 14% decrease. Note that all constituents have so far observed a YTD decrease, while half of them still recorded a decrease of above 20%.

On a YTD basis Atlantic Grupa and HT have witnessed best performance, however, they still experienced a slight decrease of 2.31% and 2.57%, respectively. Such results do not come as a surprise given that certain food and telecommunications sector are deemed to be the least affected by the ongoing Covid-19 situation. On the other hand, Atlantska Plovidba and Valamar Riviera have recorded the highest decreases of 47.47% and 26.67%, respectively.