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Zagreb bourse revises composition of CROBEX, CROBEX10 indices

Author Maja Garaca
Zagreb bourse revises composition of CROBEX, CROBEX10 indices Author: Zagreb bourse. License: All rights reserved.

ZAGREB (Croatia), March 14 (SeeNews) - The Zagreb Stock Exchange (ZSE) said it has completed a revision of its blue-chip CROBEX index and the narrower CROBEX10 index, which will take effect after trading closes on March 17.

The ZSE has removed hotel operator Imperial [ZSE:HIMR-R-A], port operator Luka Rijeka [ZSE:LKRI-R-A], textile company Varteks [ZSE:VART-R-1] and shipping co Tankerska Next Generation [ZSE:TPNG-R-A] from the CROBEX following a revision based on trading data from September 1, 2016 to February 28, 2017, the bourse said in a statement last week.

These companies will be replaced in the CROBEX by hotel operator Maistra [ZSE:MAIS-R-A], construction company Viadukt [ZSE:VDKT-R-A], fertilizer maker Petrokemija [ZSE:PTKM-R-A], agricultural company VUPIK [ZSE:VPIK-R-A], and the Zagreb Stock Exchange [ZSE:ZB-R-A] itself. 

The ZSE will also remove Imperial [ZSE:HIMR-R-A] and confectionery producer Kras [ZSE:KRAS-R-A] from the CROBEX10, after both companies failed to meet the conditions to stay in the index, and will add plastic products manufacturer AD Plastik [ZSE:ADPL-R-A] and shipping co Atlantska Plovidba [ZSE:ATPL-R-A].

The CROBEX index edged down 0.03% to 2,224.39 points on Monday, while the CROBEX10 lost 0.10% to 1,268.15 points.

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