The calculation of the index will be discontinued since it remains with only one constituent company, shipping firm Atlantska Plovidba [ZSE:ATPL], following the planned exclusion from the index of peer Uljanik Plovidba [ZSE:ULPL] as of October 14, ZSE said in a statement on Tuesday.
It added the decision reflects an extraordinary index revision made on October 1, prompted by news that Uljanik Plovidba had applied for the launch of pre-bankruptcy proceedings as part of a restructuring plan approved by its creditors.
ZSE started calculating CROBEXtran in February 2013. It closed down 13.2% at 644.80 points on Tuesday.