ZSE Introduces CROBEXprime

The initial composition of the CROBEXprime will include ADPlastik, Arena Hospitality Group, Atlantic and Podravka.

On 21 January, ZSE published a document in which they introduced a new index, CROBEXprime.

CROBEXprime represents a free float market capitalization weighted index, meaning that the weight of each share will be determined based on their free float market capitalization. Note that the weight of each constituent share will be capped to 30%.  The index will include all shares listed in the Prime Market of ZSE and its total return will take into account dividends.

The initial composition of the CROBEXprime will include ADPlastik, Arena Hospitality Group, Atlantic and Podravka, but we can expect the number of components to increase, as more companies join the prime market.

Note that CROBEXprime will be the tenth ZSE equity index.

InterCapital
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Category : Flash News

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