Foundation | 1 September 1997 |
---|---|
Operator | Zagreb Stock Exchange |
Exchanges | Zagreb Stock Exchange |
Constituents | 20 |
Type | Large cap |
Related indices | CROBEX10, 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]
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]
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]
The index consists of the following 20 companies, as of the last revision in September 2024 [1]
Ticker | Company | Headquarters | NACE |
---|---|---|---|
ADPL | AD Plastik | Solin | Production of other parts and accessories for motor vehicles |
ADRS2 | Adris Group | Rovinj | Management activities |
ARNT | Arena Hospitality Group | Pula | Hotels and similar accommodation [7] [8] |
ATGR | Atlantic Group | Zagreb | Non-specialized wholesale trade |
ATPL | Atlantska plovidba | Dubrovnik | Maritime and coastal transport of goods |
CKML | Čakovečki mlinovi | Čakovec | Production of mill products [9] |
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 [8] [7] [13] [9] |
HT | HT | Zagreb | Activities of wired telecommunications |
INGR | Ingra | Zagreb | Engineering and related technical consulting [14] [15] [7] [13] [9] |
KODT | Končar-DIST | Zagreb | Production of electric motors, generators and transformers [11] [12] |
KOEI | Končar | Zagreb | Production of electric motors, generators and transformers [14] [8] [7] |
MONP | Mon Perin | Bale | Holiday and other short-stay accommodation [16] |
PLAG | Plava Laguna | Poreč | Hotels and similar accommodation [17] [18] [19] [13] [9] |
PODR | Podravka | Koprivnica | Other processing and preservation of fruits and vegetables |
RIVP | Valamar Riviera | Poreč | Hotels and similar accommodation [20] |
SPAN | Span | Zagreb | Computer programming [19] [21] |
VLEN | Viktor Lenac Shipyard | Rijeka | Construction of ships and floating structures [22] [15] [23] |
ZABA | Zagrebačka banka | Zagreb | Other monetary intermediation [24] |
Ticker | Company | Headquarters | NACE | Comments |
---|---|---|---|---|
AUHR | AUTO HRVATSKA | Zagreb | Sale of cars and light motor vehicles | Added March 2020 and removed September 2020. [8] [7] |
BLJE | BELJE d.d. Dard | Darda | Growing of cereals (except rice), leguminous crops and oil seeds | Removed May 8, 2017 [25] |
DDJH | ĐURO ĐAKOVIĆ GRUPA | Slavonski Brod | Activities of head offices | Removed September 21, 2021, added March 9, 2022 and removed July 14, 2022. [26] [19] [27] [28] |
HIMR | Imperial Riviera | Rab | Hotels and similar accommodation | Added March 2015, [17] removed September 2015 [18] and added September 2016 and removed March 2017 [29] |
HMST | Hoteli Maestral | Dubrovnik | Hotels and similar accommodation | Added March 2015 [17] and removed September 2015 [18] |
HUPZ | HUP - Zagreb | Zagreb | Hotels and similar accommodation | Added March 2014, [30] Adjusted number of shares March 24, 2014 [31] Removed September 2014, [14] added March 2015 [17] and removed September 2015 [18] |
IGH | INSTITUT IGH | Zagreb | Other research and experimental development on natural sciences and engineering | Added September 2017, [24] removed September 2018, added March 2020 and removed March 2022 [32] [8] [21] |
INA | Ina | Zagreb | Manufacture of refined petroleum products | Removed September 2016 [33] |
JDPL | Jadroplov | Split | Maritime and coastal transport of goods | Added September 2014, [14] removed March 2015, [17] removed March 2018, [22] added March 2022 [19] and removed March 2024 [12] |
JDRN | JADRAN | Crikvenica | Hotels and similar accommodation | Added September 2018, [32] removed September 2019. [34] |
KODT2 | Končar-DIST | Zagreb | Production of electric motors, generators and transformers | Added September 2023 [9] and removed March 2024 [12] |
KRAS | KRAŠ | Zagreb | Manufacture of cocoa, chocolate and sugar confectionery | Removed March 2019, added March 2020 and removed March 2022 [15] [8] [21] |
KTJV | Kutjevo | Kutjevo | Cultivation of cereals (except rice), legumes and oilseeds | Added March 2023 [13] and removed September 2023 [9] |
LEDO | Ledo | Zagreb | Manufacture of ice cream | Removed September 2015 [18] and added March 2016, [35] Removed May 8, 2017 [25] |
LKPC | Luka Ploče | Ploče | Cargo handling | Added March 2014, [30] Removed September 2014, [14] 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 Rijeka | Rijeka | Cargo handling | Removed March 2015, [17] added September 2015, [18] removed March 2017, [29] added March 2018 [22] and removed September 2018 [32] |
LRH | Liburnia Riviera Hoteli | Opatija | Hotels and similar accommodation | Added March 2015 [17] and removed September 2015 [18] |
LRHC | FTB TURIZAM | Zagreb | Hotels and similar accommodation | Added September 2022 [10] and removed March 2023 [13] |
MAIS | Maistra | Rovinj | Hotels and similar accommodation | Added March 2015, [18] Removed September 2016, [33] Added March 2017, [29] Removed September 2017, [24] Added March 2018, [22] Removed September 2020, [7] added March 2024, [11] [12] and removed September 2024 [16] |
OPTE | OT-OPTIMA TELEKOM | Zagreb | Wired telecommunications activities | Added September 2015 [18] and shares delisted in April 2002 [36] |
PBZ | Privredna banka Zagreb | Zagreb | Other monetary intermediation | Added March 2020 and removed September 2020. [8] [7] |
PTKM | PETROKEMIJA | Kutina | Manufacture of fertilisers and nitrogen compounds | Removed 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] [37] |
RIZO | RIZ-odašiljači | Zagreb | Manufacture of communication equipment | Added September 2014, [14] removed March 2015, [17] added September 2015 [18] and removed March 2016 [35] |
SAPN | Saponia | Osijek | Manufacture of soap and detergents, cleaning and polishing preparations | Added March 2020, removed March 2021, added September 2021 and removed September 2022 [8] [23] [26] [10] |
SUNH | Sunčani Hvar | Hvar | Hotels and similar accommodation | Added September 2016 [33] and removed November 18, 2016 [38] |
THNK | Tehnika | Zagreb | Construction of residential and non-residential buildings | Added September 2014, [14] and removed March 2015 [17] |
TPNG | Tankerska Next Generation | Zadar | Sea and coastal freight water transport | Added September 2015, [18] Free float changed October 2015, [39] 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 [8] [23] [26] [40] |
TUHO | Turisthotel | Zadar | Hotels and similar accommodation | Added March 2015 [17] and removed September 2015 [18] |
ULPL | Alpha Adriatic (former ULJANIK PLOVIDBA) | Pula | Sea and coastal freight water transport | Removed March 2015, [17] added September 2016, [33] removed September 2018, [32] added and removed March 2019, [41] [15] [19] [10] [9] and removed September 2024 [16] |
VART | Varteks | Varaždin | Manufacture of other outerwear | Added September 2014, [14] and removed March 2015, [17] added March 2016 [35] and removed March 2017 [29] |
VDKT | Viadukt | Zagreb | Construction of roads and motorways | Removed March 2015, [17] added March 2017, [29] removed from index June 9, 2017, delisted November 2017 [42] |
VERN | Genera | Rakov Potok | Manufacture of pharmaceutical preparations | Added September 2015 [18] and free float changed October 2015 [39] and delisted January 16, 2016 [43] |
VIRO | Viro Tvornica Šećera | Zagreb | Manufacture of sugar | Added March 2014, [30] removed September 2014, [14] added March 2020 and removed September 2020. [8] [7] |
VPIK | Vupik | Vukovar | Growing of cereals (except rice), leguminous crops and oil seeds | Removed March 2015, [17] added March 2017, [29] removed March 2018 [22] |
ZB | Zagrebačka burza | Zagreb | Administration of financial markets | Added March 2017 [29] |
The Standard and Poor's 500, or simply the S&P 500, is a stock market index tracking the stock performance of 500 of the largest companies listed on stock exchanges in the United States. It is one of the most commonly followed equity indices and includes approximately 80% of the total market capitalization of U.S. public companies, with an aggregate market cap of more than $43 trillion as of January 2024.
The Tel Aviv Stock Exchange, colloquially known as The Bursa, is the only public stock exchange in Israel and a public company itself, listed on its own exchange since August 1, 2019. It is regulated by the Securities Law (1968) and is under the direct supervision of the Israel Securities Authority (ISA).
The NIFTY 50 is a benchmark Indian stock market index that represents the weighted average of 50 of the largest Indian companies listed on the National Stock Exchange. Nifty 50 is owned and managed by NSE Indices, which is a wholly owned subsidiary of the National Stock Exchange of India. The Nifty 50 index was launched on 22 April 1996 with the base date of November 03, 1995.
B3 S.A.– Brasil, Bolsa, Balcão, formerly BM&FBOVESPA, is a stock exchange located in São Paulo, Brazil, and the second oldest of the country.
The following products could be described as hallmarks of Croatian trade. Croatiastreet awards its own quality seal to the best Croatian products every year. Croatian Chamber of Economy confers the Izvorno hrvatsko seal to Croatian products and services that undergo rigorous assessments to be recognised as a result of innovation, research and development by Croatian people and enterprises.
The Athens Stock Exchange is the stock exchange of Greece, based in the capital city of Athens. It was founded in 1876. There are currently five markets operating in ATHEX: regulated securities market, regulated derivatives market, Alternative market, carbon market and OTC market. In the regulated securities market investors can trade in stocks, bonds, ETFs and other related securities. On the stock exchange 172 stocks are currently traded representing 166 companies.
The S&P Latin America 40 is a stock market index from Standard & Poor's. It tracks Latin American stocks.
The Zagreb Stock Exchange or ZSE is a stock exchange located in Zagreb, Croatia. It is Croatia's only stock exchange. The exchange trades shares of Croatian companies, as well as bonds and commercial bills.
In finance, Long-term Equity AnticiPation Securities (LEAPS) are derivatives that track the price of an underlying financial instrument. They are option contracts with a much longer time to expiry than standard options. According to the Options Industry Council, the educational arm of the Options Clearing Corporation, LEAPS are available on stocks and indexes that have an average daily trading volume of at least 1000 contracts. As with standard options, LEAPS are available in two forms, calls and puts.
The Wiener Börse AG is a bourse situated in Vienna, Austria. The exchange owns and operates the Prague Stock Exchange, and holds stakes in energy exchanges and clearing houses. It provides market infrastructure to other exchanges in Central, Eastern, and Southeastern Europe, and collects and distributes stock market data and calculates the most important indices of the region. The Austrian Traded Index (ATX), the leading index of Wiener Börse, tracks the price of its blue chips in real time. The ATX composition is updated every March and September, mainly based on a stock's capitalized free float and trading volumes. The Vienna Stock Exchange also maintains a market for fixed income securities, with more than 13,000 active bonds from 38 countries and a total volume of €720bn as at May 2023.
Agrokor was a conglomerate, largely centered in agribusiness, with headquarters in Zagreb, Croatia. Founded in 1976 as a flower grower, it became a joint stock company in 1989, with 100 percent ownership held by founder Ivica Todorić. It greatly expanded its operations in the following 25 years by acquiring several large companies in Croatia and Southeast Europe. The Agrokor group had an annual sales revenue of €6.465 billion in 2015, which made it the second-largest retail and eleventh-largest overall company in all of Southeast Europe. As of 31 December 2017, Agrokor employed around 50,900 people. On 1 April 2019, the assets of the demised Agrokor were consolidated within the newly founded Fortenova Group.
Ljubljana Stock Exchange or LJSE is a stock exchange located in Ljubljana, Slovenia. It is Slovenia's only stock exchange. The exchange trades shares of Slovenian companies, as well as bonds and commercial papers. The only stockholder of the Ljubljana Stock Exchange is Zagreb Stock Exchange.
Zagrebačka banka d.d. is the largest bank in Croatia, owned by Milan-based UniCredit.
Adris Grupa d.d. is a Croatian diversified conglomerate based in Rovinj. It has more than 8,000 employees, and is one of the leading companies in the region, with an annual income of more than 5 billion kunas.
Petrokemija is a Croatian chemical company which specializes in manufacturing agricultural fertilizers. It was founded in 1968 as a branch of the state-owned oil company INA with its headquarters in Kutina. In the late 1990s it was privatised and in 1998 it was incorporated as an independent joint stock company and listed at the Zagreb Stock Exchange. Petrokemija is, after INA, the second-largest exporter in the country. It is one of 24 companies included in the CROBEX share index.
The Port of Ploče is a seaport in Ploče, Croatia, near the mouth of the Neretva river on the Adriatic Sea coast. It was formally opened in 1945 after a railway was built as a supply route to connect the site with industrial facilities in the Sarajevo and Mostar areas of Bosnia and Herzegovina, which was then part of Yugoslavia. As of 2010, it ranked as the second largest cargo port in Croatia—after the Port of Rijeka—with a cargo throughput of 4.5 million tonnes, consisting mostly of general cargo and bulk cargo, including 20,420 TEU Containers. In 2008, the Port of Ploče recorded 2,555 ship arrivals. It is managed by the Port of Ploče Authority.
Čakovečki mlinovi is a Croatian milling company based in Čakovec. In addition to being the biggest producer of wheat flour in the country, it also produces baked goods and pumpkin seed oil. The company's shares are listed on the Zagreb Stock Exchange (ZSE) and is one of the 25 companies included in its official share index CROBEX as of September 2010.
The Viro sugar factory, commonly referred to as just Viro, is a sugar refinery based in Virovitica, Croatia.
ASEAN Exchanges is a collaboration of the 7 exchanges from Malaysia, Vietnam, Indonesia, Philippines, Thailand and Singapore to promote the growth of the ASEAN capital market by bringing more ASEAN investment opportunities to more investors.
Dalekovod d.d. is a Croatian company, active in electrical engineering and civil engineering sectors. Its primary activities comprise design, production and construction of electrical power structures, electrical substations, power transmission mains, telecommunications structures, road equipment, railway equipment and street lighting. In 2010, net income of the company was 4.7 million kuna, exhibiting a decrease from 110.9 million kuna net income reported for 2009. At the end of the 2010, the company employed 1424 persons. Dalekovod was founded in 1949 as a state owned company, and restructured as a joint stock company in 1993 and subsequently listed at the Zagreb Stock Exchange. It is one of 24 companies included in the CROBEX share index. As of August 2011, head of the company is Luka Miličić. Recently the company has declared its plans to expand in the energy development sector, especially in the field of renewable energy. In 2012, Dalekovod plans to invest into and build a wind farm near Benkovac and Obrovac.
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
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)
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)
"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)