Of the 20 observed indices, SBITOP tops the list with a YTD increase of 28%.

2021 could be considered as a very solid year for equities both in the region and globally. With very solid performances of SBITOP and CROBEX, we decided to take a look on how does this performance compare to major European and Global indices. For this we looked at 20 selected equity indices.

As visible from the table, 14 out of 20 indices noted a double digit increase while Slovenian SBITOP leads the list with a YTD increase of as much as 28%. It is interesting to note that SBITOP outperformed virtually all global indices (for ex. S&P500 by 11.5 p.p.). SOFIX and OMX follow with increases of 25.9% and 25.8%, respectively. Croatian CROBEX also noted a very solid increase of 11.5%, despite being being heavily reliant on the tourism sector, which has been significantly affected globally since the outbreak of the pandemic.

On the flip side, the only index (of the observed ones) to note a YTD decrease was Turkish BIST 100, which noted a decrease of -7.4%.

YTD Performance of Selected Indices

Source: Bloomberg, InterCapital Research

At the current share price, dividend yield is 5.0%.

Sphera Franchise Group published the Convocation to the Ordinary and Extraordinary General Meetings of Shareholders (OGSM & EGSM) which will be held on 19 August 2021. The shareholders will be deciding on the dividend proposal by the Board, which amounts to RON 35m (from the undistributed profit of 2019-2020). This translates into a gross dividend of RON 0.9021 per share. Such a dividend gave dividend yield of 5.1%. on closing price before the announcement. On yesterdays trading share went up 1.97% so at the current share price dividend yield in 5%.