For today we are bringing you an overview of the share price performance of various sectors in the regional market for 2021 so far.
For this, we observed primarily the median YTD share price performance of companies in our wider coverage from Croatia, Bulgaria, Slovenia, Romania and Serbia.
End of 2020 was marked by a positive sentiment on the regional equity markets, following the vaccine development, while the similar trend seems to be the case so far in 2021 as well, with all observed industries being in green YTD. Observing the graph below, we see that 6 sectors observed a double-digit increase. Of that, the Shipping sector has the largest increase with the median YTD share price rising 22.8%. Of the Croatian companies within our sample, Atlantska Plovidba observed a high YTD increase of 30.1%.
The second strongest performance can be seen in the Energy sector with the median YTD share price rising 17.4% with Romanian company Nuclearelectrica towering over others with YTD gain of 52.3%.
On the flip side, tourism sector observed a slight increase of 0.7% YTD. The companies within our sample are currently traded at EV/EBITDA of app. 81.9x.
YTD Performance of Regional Companies by Sector*
*Median share price performance of regional companies in our wider coverage