ZSE Indices Fall Sharply

By 21 January 2022
ZSE Indices Fall Sharply

ZAGREB, 21 Jan 2022 - The main Zagreb Stock Exchange (ZSE) indices fell sharply on Friday, weakening for the second consecutive day.

The Crobex on Friday declined by 1.86% to 2,164 points, weakening for the second day in a row, and it ended the week in the red, decreasing by 0.31% on the week and ending its eight-week winning streak.

The Crobex10 fell by 1.3% to 1,323 points, but it went up by 0.23% on the week.

All sector indices slumped on Friday, with the construction index dropping the most, by 4.12%.

Regular turnover surpassed HRK 16 million, which is about HRK 3.2 million than on Thursday.

The highest turnover was generated by the stock of the HT telecommunications company, HRK 2.85 million. Its price remained the same at HRK 185 per share.

Hrvatski Telekom (HT) and Zagrebačka Banka said that on Friday they had concluded a transaction to sell 54.31% of Optima Telekom shares to Telemach Hrvatska, owned by United Group.

The stock of Valamar Riviera turned over HRK 1.96 million, closing at HRK 34.3, down 1.71%.

The Croatian Postal Bank (HPB) stock generated a turnover of HRK 1.6 million. Its price dropped by 5.45% to HRK 780, and it was the biggest loser among the more liquid stocks.

The stock of the Podravka food company also crossed the million kuna mark, turning over HRK 1.43 million, while its price remained the same at HRK 696.

Forty-six stocks were traded today, with only five gaining in price, 28 decreasing in price, and 13 remaining stables.

(€1 = HRK 7.522614)

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