Analysts said that the ZSE was affected by the negative sentiment of investors on global markets, caused by a weak German economic growth.
Ana Franin, an analyst of Raiffeisen Consulting, said that Germany's poor economic growth in the second quarter of 2011 spoiled the sentiment of investors on international markets, and all of this affected the Croatian stock market. Germany's GDP went up by a mere 0.1% in Q2 as against Q1 of 2011.
Today's regular trading on the ZSE totalled HRK 11.8 million kuna, with only the HT telecom company's shares exceeding a one million kuna mark in its volume of trading.
With the turnover of HRK 4.8 million, the HT closed the day at the price of HRK 185.77 per share, which was a 1.05% drop on the day.
(EUR 1 = 7.454223)