Zagreb Stock Exchange, Inc. (hereinafter: the Company) with its registered office in Zagreb, Ivana Lučića 2a/22, VAT ID No. (OIB): 84368186611, hereby informs the public of up-to-date information regarding the impact of COVID-19 on the Company's operations.
In the period from 4 to 8 May, the average regular daily turnover was lower for the third week in a row than in January this year, the last month in which the business was not influenced by COVID-19. It amounted to HRK 6.6 million, which is approximately HRK 2.7 million or 28.9% less than the average regular daily turnover in January, and almost HRK 2.1 million or 24% less than in the week before. The equity market capitalization followed a three-week decline in turnover and fell by 0.9% compared to the previous week, amounting to just under HRK 129 billion at the close of trading on 8 May. CROBEX did not change significantly compared to the week before and, apart from a drop of 1.2% on Monday, May 4, when the largest regular turnover was realized (HRK 12 million), by the end of the week it was within ± 1% and stopped to 1,542.74 points, down 1.5 points or 1.3% from the closing value on April 30th.
These trading indicators for the week behind us indicate not only the mitigation of investor euphoria caused by the appearance of COVID-19 at the end of February this year but also the further decline of almost all market indicators compared to the time before the COVID-19 pandemic. However, it is not possible to predict with certainty how the subsequent mitigation of measures introduced to combat the coronavirus pandemic will affect securities trading. The Company enters the second week of operating in two teams, with the first team working in the Company's offices for one week while the second team works in secondary locations during that time. Until the return to normal operation, when objective possibilities allow that, the Company will continue to monitor the development of the situation and report on the impact of COVID-19 on the Company's business.
Related announcements:
2020/3/12: https://zse.hr/userdocsimages/novosti/bVZABoO1oYNSuOk7ydP6pA==.pdf
2020/3/12: https://zse.hr/default.aspx?id=96820
2020/3/15: https://zse.hr/default.aspx?id=96962
2020/3/23: https://zse.hr/userdocsimages/novosti/aR0NnpgxmGCTm9xjz3u1Lg==.pdf
2020/3/30: https://zse.hr/userdocsimages/novosti/TXkb9zvotkWwLcNrzfVuuA==.pdf
2020/4/6: https://zse.hr/userdocsimages/novosti/FbS0yRBREVty8hd8JD7NBg==.pdf
2020/4/14: https://zse.hr/userdocsimages/novosti/Z3DYcugiK2z6cqi1QIT78w==.pdf
2020/4/20: https://zse.hr/userdocsimages/novosti/nb1jjkGx9Hkql4m7xbqTQA==.pdf
2020/4/27: https://zse.hr/userdocsimages/novosti/pL4HWpdZY3qV5BAHi31lZw==.pdf
2020/5/4: https://zse.hr/userdocsimages/novosti/IFjMM7Re25tsvCHKUsZxEA==.pdf
Source of information:
Zagrebačka burza d.d.
Ivana Lučića 2a/22, Zagreb
T. +385 1 4686 800
F. +385 1 4677 680
web: www.zse.hr