In February 2022, CROBEX decreased by -6.2%, ending the month at 1,999.68 points.

The total equity turnover on the ZSE (Zagreb Stock Exchange) amounted to EUR 44.8m (HRK 337.6m), a slight decrease of -1.23% MoM, and an increase of 80.5% YoY. This would translate into a daily turnover of EUR 2.25m (HRK 16.96m).

The total equity value traded (excluding block transactions) in February amounted to EUR 26.75m (HRK 201.5m). Out of that, the top 10 most traded stocks had a turnover of EUR 16.52m (or HRK 124.48m), representing 61.8% of the total turnover. Breaking this down further, HT generated the most turnover, 11.9% of the entire turnover, followed by Atlantska Plovidba with 9.1%, Podravka with 6.94%, Valamar Riviera with 5.96%, Atlantic Grupa with 5.59%, and Zagrebačka banka with 5.02%. The remaining 4 companies, Ericsson NT, Adris Grupa, AD Plastik, and Span had turnovers in between 5% and 4% of the total.

The main index on the ZSE, CROBEX, decreased by -6.2% MoM, and ended the month at 1,999.68 points. On a YoY basis, this is an increase of 9.3%. At the same time, CROBEX10 experienced a slightly higher decrease, declining by-7.24% MoM. In general, the main reason for this decline was the increasing tension of the Russia-Ukraine uncertainty during the month, which ended with the Russian invasion of the country.

As such, out of the CROBEX10 constituents, companies that have operations in Russia/Ukraine region were hit the hardest. This is most evident by AD Plastik, which declined by 25.4%, and Podravka, which declined by -13.5%. Atlantic Grupa also had a decline of -11.7%, while Valamar Riviera, Adris, and Ericsson NT all had a decrease of over -5%. On the flip side, out of all the Croatian blue chips, the only increase was recorded by Atlantska Plovidba, which increased by 5.2%.

Performance of CROBEX10 constituents in February 2022 (%)