Daily comment:
Low turnover characterized tday's trading on Zagreb Stock exchange with stock turnover amounting to only HRK 19 million, while popular benchmark declined by 1,2 pts to 3.627,94 pts. Oil and gas company Ina (INA-R-A) topped the liquidity board collecting HRK 5,5 million in turnover followed by 0,7% price increase. Croatian Financial Services Supervisory Agency informed investor’s public that it has received an official takeover bid for Ina from Hungarian oil company Mol. The Agency has 14 days to review it and to make a decision whether the bid qualifies or not. Polymer producer Dioki (DIOK-RA) dropped 1,8% after the company posted H1 results showing HRK 8,5 million loss. Even though Dioki managed to increase sales by 16%, increase of operating costs by 17,9% offset the sales efforts. The company also scheduled a GA for 8th of September with one of the proposals being a capital decrease in the amount of HRK 1,05 bn with goal of covering losses from prior years. This action would decrease stock’s par value from HRK 500 to HRK 240. Almost all major companies from construction sector experienced a decline today with heavy constructor and power trunk producer Dalekovod (DLKV-R-A) falling 0,5%, construction engineering company Ingra (INGR-R-A) by 2,5%, construction consultancy company Institut gradevinarstva Hrvatske (IGH-R-A) 0,3% while civil engineering company Viadukt (VDKTR- A) remained unchanged.
news flash:
- US trade deficit shrank in June
- Intercontinental facing slowdown
- BP shuts down Georgia pipelines
- UBS Losses Greater Than Expected
CROBEX index - Zagreb Stock exchange 0,0%
change in 2008. -30,8%
CROBEX index - Zagreb Stock exchange (chart)
market multiples - shares (tables)
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http://reports.aiidatapro.com/CBB/FIMA/stock_report20080812.pdf
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FIMA FAS Ltd.
42000 Varazdin * Anina 2 * Croatia * Tel: +385-42-390900 * Fax: +385-42-390990 *
http://www.fima.com
e-mail: fima-fortis@fima.com
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stock report20080812.pdf, 104 Kb
