Yesterday, CROBEX noted a slightly increase of 0.17%, closing at 1,996.46 points.
CROBEX noted a slightly increase of 0.17%, making a continuation of almost uninterrupted positive sentiment on the Zagreb Stock Exchange in 2021. We note that since the beginning of the year, the index is up by as much as 14.8% and is converging towards the 2,000-point mark.
CROBEX was last time seen above the 2,000 point mark back in February of 2020, after which a sharp decrease followed (outbreak of the pandemic). The index plummeted to as low as 1,364.98 back in March, after which a recovery followed. Since the March 2020 bottom, the index increased by as much as 46.3%. After lockdowns, followed by pandemic, the market is almost fully recovered, the index is only down by 1% compared to the beginning of 2020.
When observing the index constituents since the beginning of the year, 14 constituents are in green, while 4 are in red. Of the top gainer, Atlantska Plovidba by far leads the list with a YTD increase by as much as 197%. Meanwhile, 8 constituents noted a double-digit YTD increase.
YTD Performance of CROBEX
The Groups largest shareholder, SDH, proposed a dividend payment of EUR 4.5 per share (DY 7.4%).
Slovenian Sovereign Holding and Republic of Slovenia (which is represented by Slovenian Sovereign Holding) addressed a counter-proposal to Telekom Slovenije for a higher dividend of EUR 4.5 per share, instead of EUR 4.00 proposed by the Management Board and the Supervisory Board.
At the current share price, dividend yield is 7.4%, while ex-date is 1 August 2021.
The GSM will take place today.
As a reminder, a Telekom Slovenije recently also received another counterproposal from the Small Shareholders’ Association of Slovenia (MDS). To read more about it, click here.
New calculation parameters will be valid from Monday, 21 June 2021.
Pursuant to the Instructions for Indices, Liquidity Criteria, Price List and other Statistics a quarterly review of index calculation parameters of the SBITOP and SBITR was carried out and the index weighting factor of an issue of shares index was established.
New calculation parameters will be valid from Monday, 21 June 2021.
| wdt_ID | Ticker | Index free float capitalisation (in EUR) | Weight (%) |
|---|---|---|---|
| 1 | KRKG | 802.652.433,00 | 29,50 |
| 2 | PETG | 645.501.529,00 | 23,70 |
| 3 | ZVTG | 313.745.042,00 | 11,50 |
| 4 | POSR | 263.460.829,00 | 9,70 |
| 5 | NLBR | 261.600.000,00 | 9,60 |
| 6 | TLSG | 158.942.825,00 | 5,80 |
| 7 | LKPG | 137.760.000,00 | 5,10 |
| 8 | CICG | 122.166.122,00 | 4,50 |
| 9 | KDHR | 12.944.922,00 | 0,50 |
| 10 | IEKG | 5.857.132,00 | 0,20 |
Dear clients,
yesterday we published our IC Macro Outlook (Croatia, Slovenia, Serbia) – June 2021. If you wish to receive it, please contact us at [email protected]