IC Market Espresso 2 Apr 2019

 
Activity on the ZSE in March 2019

Trading statistics for March 2019 show an average daily turnover of roughly EUR 1.2m (+22.8% YoY). Meanwhile, the major index CROBEX ended March flat at 1,797.81.

The Zagreb Stock Exchange published their trading statistics for March 2019, showing an average daily turnover of EUR 1.2m. This represents an increase of 22.8% YoY.

Of the total traded value traded in the period (excluding block transactions), Valamar generated 16%, followed by HT with 14, Adris (preferred shares) with 10%, Optima Telekom with 10% and Maistra with 5%.  These 5 shares generated more than half of the turnover recorded by the entire market.

When observing the total equity market capitalization, it decreased is by 3.4% YoY. Ina’s share price remains the biggest influence on the total exchange equity market capitalization, accounting for about 24% of the total value. Next, come two Croatian banks – Zagrebacka banka and PBZ with 15% and 11%, respectively. Further, HT holds 10% while Adris group’s regular shares account for 4% of the total market capitalization value.

When compared to the beginning of the month the main index CROBEX remained flat, ending at 1,797.81. Meanwhile, CROBEXkonstrukt (construction) observed the highest increase of 10.1% of all sector indexes. On the flip side, CROBEXtransport recorded the highest decrease of 22.2%.

Activity on the BELEX in Q1 2019

In Q1, the Belgrade Stock Exchange observed an average daily turnover of EUR 0.2m.

The Belgrade Stock Exchange reported a turnover of EUR 12m in Q1 2019, which represents a decrease of 44% YoY. This would translate to an average daily turnover of EUR 0.2m.

In Q1, the most traded share was Sojaprotein (EUR 2.8m), which observed an increase of 27.7%. AERO follows with EUR 2.5m, observing the highest decrease among index constituents of 53%. Further, NIS observed a turnover of EUR 2.2m, recording an increase of 5.2%.

On the other hand, Lasta recorded the highest increase of 80%, followed by Komercijalna Banka, which increased 59.1%.

Turning our attention to BELEX15, the index decreased by 3.8% in Q1 2019.

When observing solely March 2019, turnover amounted to EUR 2.9m, which translates into an average daily turnover of EUR 0.14m. The most traded shares in March were NIS (EUR 1.3m), followed by Komercijalna Banka (EUR 0.57m).

Turning our attention to BELEX15, the index increased by 6.2% in March 2019.

Purcari proposes RON 0.95 DPS

At the current share price, dividend yield is 5%. Note that the ex-dividend date is 10 July 2019.

Purcari published a document in which they proposed RON 19m to be paid out as dividends to their shareholders. This translates into a dividend of RON 0.95 per share. At the current share price, dividend yield is 5% (compared to the share price a day before the dividend announcement).

Note that the ex-dividend date is 10 July 2019.

To read about Purcari’s 2018 results click here.