Wednesday, 28 April 2021

Zagreb Stock Exchange Indices Go Down

ZAGREB, 28 April, 2021 - The main Zagreb Stock Exchange (ZSE) indices declined on Wednesday amid modest trading, with the Crobex dropping by 0.71% to 1,886 points and the Crobex10 decreasing by 0.35% to 1,173 points.

With regard to sectoral indices, only the food index saw an increase, of 0.02%, while the construction index saw the biggest decline, of 3.55%.

Today's regular turnover amounted to HRK 3.7 million, about HRK 100,000 more than on Tuesday. The preferred share of the Adris tourism and insurance company generated another HRK 2.05 million in block trading, closing at HRK 407 per share.

The Podavka food company generated the highest turnover in regular trading, slightly over HRK 2 million. The price of its shares went up by 0.73% to HRK 554 per share.

Shares of telecommunications equipment manufacturer Ericsson Nikola Tesla generated a turnover HRK 1.16 million, closing at HRK 1,650 per share, down 0.6%.

A total of 35 stocks traded today, with seven of them recording share price increases, 20 registering share price decreases and eight remaining stable in price.

(€1 = 7.566274)

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Tuesday, 27 April 2021

Zagreb Stock Exchange Crobex Index Surpasses 1,900 Points

ZAGREB, 27 April, 2021 - The Crobex index of the Zagreb Stock Exchange (ZSE) went up on Tuesday for the fourth trading day in a row, closing above 1,900 points for the first time since February 2020, while trading remained modest.

The Crobex increased by 0.27% to 1,900.52 points, while the Crobex10 slipped by 0.03% to 1,177.83 points.

Today's regular turnover was HRK 3.6 million, which is about HRK 600,000 less than on Monday.

The only stock to cross the one million kuna turnover mark was the Atlantska Plovidba shipping company with a turnover of HRK 1.35 million. Its price went up for the seventh consecutive day, today by 3.56%, to HRK 262 per share.

A total of 50 stocks traded today, with 19 of them recording share price increases, 15 registering price decreases and 16 remaining stable in price.

(€1 = 7.567140)

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Friday, 23 April 2021

Zagreb Stock Exchange Indices Increase

ZAGREB, 23 April, 2021 - The main Zagreb Stock Exchange indices increased mildly on Friday with the Crobex increasing by 0.20% to 1,887.11 points and the Crobex10 closing at 1,173.79 points, up 0.1%.

Indices closed the week in different directions, and the Crobex was up 0.45% while the Crobex10 was 0.22% weaker on the week.

Regular turnover on Friday amounted to HRK 6.5 million which is about two million less than on Thursday.

The only stock to cross the million kuna mark was the Atlantska Plovidba shipping company with a turnover of HRK 1.6 million. Its shares increased by 3.83% to HRK 244. This is the fifth day in a row for its shares to increase and they recorded a significant increase of 28.42% on the week.

Forty-one stocks traded today, the prices of 18 of them fell, 15 increased in price and for eight the price remained the same.

(€1 = HRK 7.572279)

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Friday, 23 April 2021

HT to Pay Shareholders HRK 8 Per Share in Dividend

ZAGREB, 23 April, 2021 - The Croatian Telecom (HT) telecommunications company's General Assembly on Friday decided that it would pay its shareholders a dividend of HRK 8 per share of its 2020 profit.

The assembly determined that HT generated a net profit of  HRK 703.8 million in 2020 and that of that amount HRK 641.9 million shall be paid out as dividend to shareholders, in the amount of HRK 8.00 per share.

Part of the net profit or HRK 61.9 million shall be allocated as retained earnings.

The dividend will be paid out to all shareholders that are registered at the Central Depository & Clearing Company (SKDD) on 6 May 2021.

The dividend will be paid on 17 May 2021.

(€1 = HRK 7.572279)

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Friday, 23 April 2021

Croatian Employment in March 2021: Winning on Monthly Basis, Losing Compared to 2020

April 23, 2021 - Data analyzed by the Croatian Bureau of Statistics saw Croatian Employment in March 2021 rise compared to February but is overall lower than last year.

Employment in Croatia is overall down for 1.5% - concludes an article in Slobodna Dalmacija. This is the result of a statistical analysis conducted for this year's March compared to March 2020. The biggest fall in employment is evident in the hotel industry and hospitality. Last March, 410 people were employed in the sector, adding to the total number of 61,913, but that number is smaller for 5,087 people compared to last year when the number of employed in hotel tourism and hospitality counted 67,000.

„Compared to February, the total number of employed (in March) is up by 0.8% but compared to the same month last year; the numbers are down by 1.5%“, Slobodna Dalmacija quoted the explanation of Croatian Bureau of Statistics.

The process manufacturing industry also counts losses. Despite 2,129 newly employed people who boosted 225,287 workers in the sector, that number is down by 2000 workers less as last year the count was 227,287.  

Merchants count a rise of 803 new workers, 201,117 in total. But, this time last year the total number was 205,167, so this year's there are 4,050 people less in the sector.

On the other hand, several sectors can celebrate victory over statistics from 2020.

The construction sector hired 1,060 new workers. 100,234 people in total this year gives a 5924 boost compared to last year's 195,193 employed people.

Education has 1,094 new workers this month, 120,246 in total. This time last year's there were 117,891 people in total, which suggest 2,355 people increase.

Public service, social security, and defense sectors increase by 648 people to a total of 111,785. In conclusion, 1,325 more people are welcomed to the sector, compared to 2020 when there was 110460 in the mentioned sectors.  

Expectedly, health and social care sectors in March counted 102,636 employed, which is a 1,392 increase compared to last year's 101,244 employed people.

In absolute numbers, the mentioned sectors had the biggest influence on the total rise of employment in Croatia last month, which jumped to 11,302 people, 1,518,034 in total.

 The Bureau added that when counting all minuses and pluses, last year's numbers are better, but the progress is happening in this year nonetheless.  

Additionally, the average salary in Croatia is  7038 kuna, pointed out Slobodna Dalmacija.

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Thursday, 22 April 2021

Connecting Economies of Croatia, Israel and BiH Cantons

ZAGREB, 22 April (Hina) - Diplomatic representatives of Croatia and Israel met with local cantonal authorities in Široki Brijeg in Bosnia and Herzegovina on Thursday to discuss joint economic projects for which Croatia has earmarked funds this year.

Non-resident Israeli Ambassador Noah Gal Gendler said after the meeting with government representatives and businessmen that he was exceptionally pleased with the talks.

"The objective is to exchange ideas and after that to include the private sector because they know how to very quickly recognise potential. As the state of Israel, as the state of Bosnia and Herzegovina, as cantons and naturally as the Republic of Croatia, we will support those efforts," said the ambassador. He expressed satisfaction that Israel will help the development of this area by sharing its knowledge and experience.

Diplomatic advisor in the Croatian Embassy in BiH Mladen Glavina underscored that this is about connecting business people and exchanging ideas between the three countries.

"Our aim is long term, to achieve in the next few years as many contacts as possible between business people on the three sides," said Glavina. This all started last year with contacts between the foreign ministries of Croatia and Israel and is continuing today, with concrete cooperation to follow, said Glavina, announcing that the Croatian government will assist in this trilateral cooperation and that certain funds have been allocated for it.

West Herzegovina Canton Prime Minister Zdenko Ćosić said that together with businessmen he would visit Israel in an effort to make way for their cooperation.

Representatives of Croatia and Israel visited three cantons in BiH that border with Croatia over the past three days in an effort to motivate economic cooperation between the three countries.

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Thursday, 22 April 2021

Zagreb Stock Exchange Main Indices Rise

ZAGREB, 22 April, 2021 - The main Zagreb Stock Exchange indices gained on Thursday, the Crobex by 0.30% to 1,883.42 points and the Crobex10 by 0.16% to 1,173.71 points, while regular turnover was HRK 8.5 million, twice as much as on Wednesday.

The most traded stock was Končar - Electrical Industry, turning over HRK 1.7 million. The price of its share was stable at HRK 685.

Forty-three stocks traded today, with 20 going up in price, nine going down and 14 staying the same as on Wednesday.

(€1 = HRK 7.567595)

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Wednesday, 21 April 2021

Zagreb Stock Exchange Indices Down For Second Day in Row

ZAGREB, 21 April, 2021 - The Zagreb Stock Exchange (ZSE) indices dropped slightly on Wednesday, going down for the second day in a row, while turnover was somewhat higher owing to a block transaction with Končar - Electrical Industry shares.

The Crobex dropped by 0.09% to 1,877.80 points and the Crobex10 decreased by 0.28% to 1,171.80 points.

Regular turnover was HRK 4.4 million, around 600,000 less than on Tuesday, but total turnover was boosted by a block transaction with Končar Electrical Industry shares in the amount of HRK 3.4 million.

In regular trading, two stocks crossed the million kuna turnover mark, the Podavka food company, which turned over HRK 1.1 million and the Atlantska Plovidba shipping company, which generated a turnover of HRK 1.07 million.

Podravka traded at HRK 550 per share, a price increase of 0.56%, while Atlantska Plovidba rose by 5.77% to HRK 220 per share.

Thirty-seven stocks traded today, with 15 going down in price, 12 going up and 10 staying the same as on Tuesday.

(€1 = HRK 7.566672)

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Tuesday, 20 April 2021

Zagreb Stock Exchange Main Indices Down

ZAGREB, 20 April, 2021 - The main Zagreb Stock Exchange indices decreased on Tuesday, the Crobex by 0.12% to 1,879.46 points and the Crobex10 by 0.23% to 1,175.07 points, while regular turnover was HRK 5.8 million.

Only one stock crossed the million kuna mark, the Adris tourism and insurance group, turning over HRK 1.1 million. It closed at HRK 408 per share, up 0.25%.

Forty-one stocks traded today, with 18 going up in price, 11 going down and 12 staying the same as on Monday.

(€1 = HRK 7.560764)

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Friday, 16 April 2021

Zagreb Stock Exchange Indice Drop for Third Consecutive Day

ZAGREB, 16 April, 2021 - The main Zagreb Stock Exchange (ZSE) indices weakened for the third consecutive day on Friday amid modest trading, the Crobex decreasing by 0.19% to 1,878 points and the Crobex10 by 0.28% to 1,176 points.

Both indices also ended in the red week-on-week -- the Crobex went down by 0.55% and the Crobex10 by 0.73%

Of the sectoral indices, the industrial index saw the biggest decline, of 0.5%, while the construction index was the only one to go up, by 1.53%.

Today's regular turnover was HRK 4.9 million, or HRK 600,000 less than on Thursday.

The stock the HT telecommunication company generated the highest turnover, of nearly HRK 1.6 million. Its price remained unchanged at HRK 191.5 per share.

A total of 39 stock traded today, with seven of them registering price increases, 19 recording price decreases and 13 remaining stable in price.

(€1 = HRK 7.567447)

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