CROBEX

Last updated

CROBEX
Foundation1 September 1997
Operator Zagreb Stock Exchange
Exchanges Zagreb Stock Exchange
Constituents20
TypeLarge cap
Related indicesCROBEX10, CROBIS
Website www.zse.hr/crobex

CROBEX is the official share index of the Zagreb Stock Exchange. As of March 2023, it includes stocks of 15 companies and is calculated continuously using the latest stock prices. [1] [2] It is measured using free float market capitalization, where the weight of each individual stock is limited to 10 percent. [3]

Contents

History

It began to be published on 1 September 1997, and the base date is 1 July 1997, when its base value was 1,000 points. [3]

For a long time, the Pliva stock was one of the main constituents of the index, before the company was sold and de-listed.

In October 2007, its value was around 5,400 points, an all-time high. By March 2009, the index dropped to 1,300 points. In the first half of 2011, it hovered around 2,200 points, falling to below 1,800 by the end of the year. In October 2016, the index broke 2,000 points, the highest level since March 2013. [4]

In April 2018, an exchange traded fund started tracking the index. [5] [6]

Inclusion criteria

Stocks have to be traded in more than 75% of the total number of trade days in the selected time period in order to be included into CROBEX. The stock ranking is determined by weighing the stock's free float market capitalization as a proportion of the total, and its traffic as a proportion of the total share traffic in the six-month time period observed. [1]

The index is revised every third Friday of March and September. The Index Commission can revise the index if the following extraordinary events happen:

There are also other circumstances related to the issuer or the stock that can affect the quality of the CROBEX index that can cause the commission to revise the index.

A special revision can happen to include a new stock in the index in case the stock, in the first 30 days since its listing date, is traded in 100% of the total number of trade days, taking into account its free float market capitalization and share of traffic. [3]

Composition

The index consists of the following 18 companies, as of the last revision in March 2025 [7]

TickerCompanyHeadquarters NACE
ADPL AD Plastik Solin Production of other parts and accessories for motor vehicles
ADRS2 Adris Group Rovinj Management activities
ARNT Arena Hospitality Group  [ Wikidata ] Pula Hotels and similar accommodation [8] [9]
ATGR Atlantic Group Zagreb Non-specialized wholesale trade
ATPL Atlantska plovidba Dubrovnik Maritime and coastal transport of goods
DLKV Dalekovod Zagreb Construction of utility projects for electricity and telecommunications [10] [11] [12]
ERNT Ericsson Nikola Tesla Zagreb Production of communication equipment
HPB HPB Zagreb Financial and Insurance Activities [9] [8] [13] [14]
HT HT Zagreb Activities of wired telecommunications
IKBA Istarska kreditna banka Umag  [ Wikidata ] Umag Other monetary intermediation [7]
INGR Ingra Zagreb Engineering and related technical consulting [15] [16] [8] [13] [14]
KODT Končar-DIST Zagreb Production of electric motors, generators and transformers [11] [12]
KOEI Končar Zagreb Production of electric motors, generators and transformers [15] [9] [8]
PLAG Plava Laguna Poreč Hotels and similar accommodation [17] [18] [19] [13] [14]
PODR Podravka Koprivnica Other processing and preservation of fruits and vegetables
RIVP Valamar Riviera  [ Wikidata ] Poreč Hotels and similar accommodation [20]
SPAN Span  [ Wikidata ] Zagreb Computer programming [19] [21]
VLEN Viktor Lenac Shipyard Rijeka Construction of ships and floating structures [22] [16] [23]
ZABA Zagrebačka banka Zagreb Other monetary intermediation [24]

Former components

TickerCompanyHeadquarters NACE Comments
AUHR AUTO HRVATSKAZagrebSale of cars and light motor vehiclesAdded March 2020 and removed September 2020. [9] [8]
BLJE BELJE d.d. Dard Darda Growing of cereals (except rice), leguminous crops and oil seedsRemoved May 8, 2017 [25]
DDJH ĐURO ĐAKOVIĆ GRUPASlavonski BrodActivities of head officesRemoved September 21, 2021, added March 9, 2022 and removed July 14, 2022. [26] [19] [27] [28]
CKML Čakovečki mlinovi Čakovec Production of mill productsAdded September 2023 [14] , removed March 25, 2025 [7]
HIMR Imperial Riviera Rab Hotels and similar accommodationAdded March 2015, [17] removed September 2015 [18] and added September 2016 and removed March 2017 [29]
HMST Hoteli MaestralDubrovnikHotels and similar accommodationAdded March 2015 [17] and removed September 2015 [18]
HUPZ HUP - ZagrebZagrebHotels and similar accommodationAdded March 2014, [30] Adjusted number of shares March 24, 2014 [31] Removed September 2014, [15] added March 2015 [17] and removed September 2015 [18]
IGH INSTITUT IGHZagrebOther research and experimental development on natural sciences and engineeringAdded September 2017, [24] removed September 2018, added March 2020 and removed March 2022 [32] [9] [21]
INA InaZagrebManufacture of refined petroleum productsRemoved September 2016 [33]
JDPL Jadroplov Split Maritime and coastal transport of goodsAdded September 2014, [15] removed March 2015, [17] removed March 2018, [22] added March 2022 [19] and removed March 2024 [12]
JDRN JADRAN Crikvenica Hotels and similar accommodationAdded September 2018, [32] removed September 2019. [34]
KODT2 Končar-DIST Zagreb Production of electric motors, generators and transformersAdded September 2023 [14] and removed March 2024 [12]
KRAS KRAŠZagrebManufacture of cocoa, chocolate and sugar confectioneryRemoved March 2019, added March 2020 and removed March 2022 [16] [9] [21]
KTJV Kutjevo Kutjevo Cultivation of cereals (except rice), legumes and oilseedsAdded March 2023 [13] and removed September 2023 [14]
LEDO LedoZagrebManufacture of ice creamRemoved September 2015 [18] and added March 2016, [35] Removed May 8, 2017 [25]
LKPC Luka Ploče Ploče Cargo handlingAdded March 2014, [30] Removed September 2014, [15] added March 2015, [17] removed March 2016, [35] added September 2016 [33] and removed March 2018, [22] added March 2022 [19] and removed September 2022 [10]
LKRI Luka RijekaRijekaCargo handlingRemoved March 2015, [17] added September 2015, [18] removed March 2017, [29] added March 2018 [22] and removed September 2018 [32]
LRH Liburnia Riviera HoteliOpatijaHotels and similar accommodationAdded March 2015 [17] and removed September 2015 [18]
LRHC FTB TURIZAMZagrebHotels and similar accommodationAdded September 2022 [10] and removed March 2023 [13]
MAIS Maistra  [ Wikidata ] Rovinj Hotels and similar accommodationAdded March 2015, [18] Removed September 2016, [33] Added March 2017, [29] Removed September 2017, [24] Added March 2018, [22] Removed September 2020, [8] added March 2024, [11] [12] and removed September 2024 [36]
MONP Mon Perin  [ Wikidata ] Bale Holiday and other short-stay accommodationAdded September 2024 [36] , removed March 2025 [7]
OPTE OT-OPTIMA TELEKOMZagrebWired telecommunications activitiesAdded September 2015 [18] and shares delisted in April 2002 [37]
PBZ Privredna banka Zagreb ZagrebOther monetary intermediationAdded March 2020 and removed September 2020. [9] [8]
PTKM PETROKEMIJAKutinaManufacture of fertilisers and nitrogen compoundsRemoved March 2015, [17] added September 2015, [18] removed March 2016, [35] added March 2017, [29] removed September 2017, [24] added September 2021 and removed after delisting on March 7, 2022 [26] [38]
RIZO RIZ-odašiljačiZagrebManufacture of communication equipmentAdded September 2014, [15] removed March 2015, [17] added September 2015 [18] and removed March 2016 [35]
SAPN Saponia Osijek Manufacture of soap and detergents, cleaning and polishing preparationsAdded March 2020, removed March 2021, added September 2021 and removed September 2022 [9] [23] [26] [10]
SUNH Sunčani HvarHvarHotels and similar accommodationAdded September 2016 [33] and removed November 18, 2016 [39]
THNK TehnikaZagrebConstruction of residential and non-residential buildingsAdded September 2014, [15] and removed March 2015 [17]
TPNG Tankerska Next GenerationZadarSea and coastal freight water transportAdded September 2015, [18] Free float changed October 2015, [40] Removed March 2017, [29] added March 2020, removed in March 2021, added September 2021 and removed December 2022 after takeover by Tankerska plovidba d.d [9] [23] [26] [41]
TUHO TuristhotelZadarHotels and similar accommodationAdded March 2015 [17] and removed September 2015 [18]
ULPL Alpha Adriatic (former ULJANIK PLOVIDBA)PulaSea and coastal freight water transportRemoved March 2015, [17] added September 2016, [33] removed September 2018, [32] added and removed March 2019, [42] [16] [19] [10] [14] and removed September 2024 [36]
VART VarteksVaraždinManufacture of other outerwearAdded September 2014, [15] and removed March 2015, [17] added March 2016 [35] and removed March 2017 [29]
VDKT ViaduktZagrebConstruction of roads and motorwaysRemoved March 2015, [17] added March 2017, [29] removed from index June 9, 2017, delisted November 2017 [43]
VERN Genera Rakov Potok Manufacture of pharmaceutical preparationsAdded September 2015 [18] and free float changed October 2015 [40] and delisted January 16, 2016 [44]
VIRO Viro Tvornica Šećera ZagrebManufacture of sugarAdded March 2014, [30] removed September 2014, [15] added March 2020 and removed September 2020. [9] [8]
VPIK VupikVukovarGrowing of cereals (except rice), leguminous crops and oil seedsRemoved March 2015, [17] added March 2017, [29] removed March 2018 [22]
ZB Zagrebačka burzaZagrebAdministration of financial marketsAdded March 2017 [29]

See also

References

  1. 1 2 "CROBEX". Zagrebačka burza (in Croatian). 17 March 2023. Retrieved 28 March 2023.
  2. "CROBEX". Zagreb Stock Exchange (in Croatian). Retrieved 18 August 2018.
  3. 1 2 3 "Indeksi: CROBEX". Zagreb Stock Exchange. 21 March 2011. Archived from the original on 31 December 2011. Retrieved 8 December 2008.
  4. "Crobex postigao trogodišnji rekord | Blog @ Presscut - clipping & media monitoring". Archived from the original on 16 January 2017. Retrieved 13 January 2017.
  5. "Expat Croatia CROBEX UCITS ETF ETF | BGCROEX03189". www.boerse-frankfurt.de. Retrieved 24 March 2024.
  6. "Expat Croatia CROBEX UCITS ETF". expat.bg. Retrieved 24 March 2024.
  7. 1 2 3 4 "Revision of equity indices 3/12/2025" (PDF). zse.hr. Zagreb Stock Exchange. 12 March 2025.
  8. 1 2 3 4 5 6 7 8 "Revision of ZSE equity indices - 09/08/2020". zse.hr. Zagreb Stock Exchange. 8 September 2020.
  9. 1 2 3 4 5 6 7 8 9 10 "Revision of equity indices - 03/11/2020". Zagreb Stock Exchange. 11 March 2020. Retrieved 28 March 2024.
  10. 1 2 3 4 5 "Revision of equity indices 09/08/2022". zse.hr. Zagreb Stock Exchange. 8 September 2022. Retrieved 18 March 2024.
  11. 1 2 3 Added March 18, 2024
  12. 1 2 3 4 5 "News: Revision of equity indices 03/07/2024" (PDF). Zagreb Stock Exchange. 7 March 2024.
  13. 1 2 3 4 5 "Revision of equity indices 03/07/2023". zse.hr. Zagreb Stock Exchange. 7 March 2023.
  14. 1 2 3 4 5 6 7 "News: Revision of equity indices 09/06/2023". Zagreb Stock Exchange. 6 September 2023.
  15. 1 2 3 4 5 6 7 8 9 "Revision of CROBEX and CROBEXtr indices". zse.hr. ZSE. 10 September 2014. Retrieved 7 May 2024.
  16. 1 2 3 4 "Revision of CROBEX and CROBEXtr indices - 2019-03-08". zse.hr. Zagreb Stock Exchange. 8 March 2019. Retrieved 28 March 2024.
  17. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 "Revision of CROBEX and CROBEXtr indices - 03/06/2015". zse.hr. Retrieved 6 May 2024. Include: Turisthotel d.d., Luka Ploče d.d., HUP - Zagreb d.d., Plava laguna d.d., Liburnia Riviera Hoteli d.d., Imperial d.d., Hoteli Maestral d.d., Ingra d.d and Exclude: Viadukt d.d., Varteks d.d.,Petrokemija d.d.,RIZ-odašiljači d.d.,Vupik d.d.,Tehnika d.d.,Luka Rijeka d.d.,Jadroplov d.d., Uljanik Plovidba d.d
  18. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 "Revision of CROBEX and CROBEXtr indices - 09/04/2015". zse.hr. ZSE. 4 September 2015. Retrieved 6 May 2024. Include: Luka Rijeka d.d. (trading code: LKRI-R-A), Maistra d. d. (trading code: MAIS-R-A), OT-OPTIMA TELEKOM d.d. (trading code: MAIS-R-A), Petrokemija d.d. (trading code: PTKM-R-A), RIZ-odašiljači d.d. (trading code: RIZO-R-A), TANKERSKA NEXT GENERATION d.d. (trading code: TPNG-R-A), Genera d.d. (trading code:VERN-R-A); Exclude: Imperial d.d. (trading code: HIMR-R-A), Hoteli Maestral d.d. (trading code: HMST-R-A), HUP - Zagreb d.d. (trading code: HUPZ-R-A), Ledo d.d. (trading code: LEDO-R-A), Liburnia Riviera Hoteli d.d. (trading code: LRH-R-A), Plava laguna d.d. (trading code: PLAG-R-A), Turisthotel d.d. (trading code: TUHO-R-A)
  19. 1 2 3 4 5 6 Added March 9, 2022
  20. "Extraordinary revision of CROBEX, CROBEXtr, CROBEX10, CROBEXplus and CROBEXturist indices". zse.hr. ZSE. 19 January 2015. Retrieved 6 May 2024.
  21. 1 2 3 "News: Revision of equity indices 03/09/2022". Zagreb Stock Exchange. 24 March 2024.
  22. 1 2 3 4 5 6 "Revision of CROBEX and CROBEXtr indices". zse.hr. ZSE. 7 March 2018. Retrieved 3 May 2024.
  23. 1 2 3 "Revision of equity indices - 03/09/2021". zse.hr. Zagreb Stock Exchange.
  24. 1 2 3 4 "Revision of CROBEX and CROBEXtr indices". zse.hr. ZSE. 8 September 2017. Retrieved 3 May 2024.
  25. 1 2 "Extraordinary revision of CROBEX, CROBEXtr and CROBEX10 indices". zse.hr. ZSE. Retrieved 5 May 2024.
  26. 1 2 3 4 "Revision of equity indices". Zagreb Stock Exchange. Retrieved 24 March 2024.
  27. "Extraordinary revision of CROBEX and CROBEXtr indices - 07/12/2022". zse.hr. 12 July 2022. Retrieved 21 March 2024.
  28. "EXTRAORDINARY REVISION of CROBEX © AND CROBEXtr© EQUITY INDICES" (PDF). 12 July 2022. Retrieved 21 March 2024.
  29. 1 2 3 4 5 6 7 8 9 "Revision of CROBEX and CROBEXtr indices". zse.hr. ZSE. Retrieved 5 May 2024.
  30. 1 2 3 "Revision of CROBEX and CROBEXtr indices". zse.hr. ZSE. 7 March 2024.
  31. "Correction of CROBEX and CROBEXtr indices". zse.hr. ZSE. 24 March 2024.
  32. 1 2 3 4 "Revision of CROBEX and CROBEXtr indices". zse.hr. ZSE. 6 September 2018. Retrieved 3 May 2024.
  33. 1 2 3 4 5 "Revision of CROBEX and CROBEXtr indices - 09/08/2016". zse.hr. ZSE. Retrieved 6 May 2024. Imperial d.d. (trading code: HIMR-R-A), Luka Ploče d.d. (trading code: LKPC-R-A), Sunčani Hvar d.d. (trading code: SUNH-R-A), Uljanik Plovidba d.d. (tradin code: ULPL-R-A) ; Exclude: Ina d.d. (trading code: INA-R-A), Maistra d.d. (trading code: MAIS-R-A)
  34. "Revision of CROBEX, CROBEXtr, CROBEX10, CROBEXprime and ADRIAprime indices - 09/10/2019". zse.hr. 10 September 2019. Retrieved 28 March 2024.
  35. 1 2 3 4 5 "Revision of CROBEX and CROBEXtr indices - 03/03/2016". zse.hr. ZSE. 3 March 2016. Retrieved 6 May 2024. "Include: RIZ-odašiljači d.d. (trading code: RIZO-R-A), Luka Ploče d.d. (trading code: LKPC-R-A), Petrokemija d.d. (trading code: PTKM-R-A); Exclude: Ledo d.d. (trading code: LEDO-R-A), Varteks d. d. (trading code: VART-R-1)
  36. 1 2 3 "REGULAR REVISION of ZSE EQUITY INDICES - 9/11/2024" (PDF). ZSE. Retrieved 14 October 2024.
  37. "Extraordinary revision of CROBEX, CROBEXtr and CROBEXplus indices - 4/8/2022". zse.hr. 8 April 2022. Retrieved 24 March 2024.
  38. "Extraordinary revision of CROBEX and CROBEXtr indices - 03/01/2022". Zagreb Stock Exchange. Retrieved 24 March 2024.
  39. "Extraordinary CROBEX and CROBEXtr revision". zse.hr. Retrieved 6 May 2024.
  40. 1 2 "Extraordinary revision of CROBEX and CROBEXtr indices". zse.hr. ZSE. Retrieved 6 May 2024.
  41. "Extraordinary revision of CROBEX, CROBEXtr, CROBEXplus and CROBEXtransport indices". zse.hr. Zagreb Sotck Exchange. 7 December 2022. Retrieved 18 March 2024.
  42. "Revision of CROBEX and CROBEXtr indices - 03/11/2019". zse.hr. Zebreg Stock Exchange. 11 March 2019. Retrieved 28 March 2024.
  43. "Extraordinary revision of CROBEX and CROBEXtr indices". zse.hr. ZSE. Retrieved 5 May 2024.
  44. "Extraordinary revision of CROBEX, CROBEXtr, CROBEXplus i CROBEXindustrija indices". zse.hr. ZSE. Retrieved 6 May 2024.