Zagreb Stock Exchange
The Zagreb Stock Exchange or ZSE (Croatian: Zagrebačka burza [ˈzaɡreˌbatʃka ˈburza]) 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.
Zagrebačka burza | |
Type | Stock exchange |
---|---|
Location | Zagreb, Croatia |
Founded | 1991 |
Owner | Zagrebačka burza d.d. |
Key people | Ivana Gažić, MBA (CEO) |
Currency | HRK |
No. of listings | c. 150 (2017)[1] |
Market cap | HRK 232.4 billion (€30.8 billion) (31 Dec 2016)[2] |
Volume | HRK 3.9 billion (2016)[2] |
Indices | CROBEX, CROBIS |
Website | Official website |
The ZSE was established in 1991 as the successor of "Zagreb Stock Exchange for the goods and values" which was co-founded by Samuel David Alexander in 1907. In March 2007 it incorporated VSE, forming a single Croatian capital market, leading in the region by market capitalization and trading volume. As of 31 December 2016, ZSE's total market capitalization was 232.4 billion kn (€30.8 billion).[2]
The exchange has pre-market sessions from 09:00 to 10:00 and normal trading sessions from 10:00 to 16:00 on all days of the week except Saturdays, Sundays and holidays declared by the exchange in advance.[3]
The Zagreb Stock Exchange is located in the skyscraper Eurotower at the intersection of Vukovarska and Lučićeva street.
The Zagreb Stock Exchange is a member of the Federation of Euro-Asian Stock Exchanges.
The Zagreb Stock Exchange publishes the following indices:
CROBIS
CROBIS is the official Zagreb Stock Exchange bond index. The index currently tracks ten bulleted bonds with fixed interest rates, each worth a minimum nominal value of €75 million and with a maturity rate of at least 18 months. Revisions to the index are carried out four times a year.
History
The following timeline outlines the consolidation through mergers and acquisitions among bourses in the European Union, which has taken place since the 1990s in response to financial harmonisation and liberalisation. Current, independent (parent) exchange companies are shown in colour.
References
- http://www.zse.hr/default.aspx?id=64274
- Garaca, Maja (January 13, 2017). "ZSE's total market capitalisation rises 14% in 2016". SeeNews. Retrieved 26 June 2017.
- Market Hours, Zagreb Stock Exchange via Wikinvest