Trading Summary
First quarter of 2002
The Zagreb Stock Exchange information1. INTERNET
http://www.zse.hr/
2. REUTERS
ZAGSTOCK, ZAGSTOCL - daily shares prices
SEZH - daily bonds prices
.CRBEX - CROBEX index
.CRBEX (chain) - CROBEX index constituents-by RIC code
CRBEX.ZA (chain) - CROBEX index constituents-by company
MAIN.ZA (chain) - Zagreb Stock Exchange shares
3. DOW JONES TELERATE
50845 - daily prices of shares listed in quotation I
50846, 50847 - daily prices of shares listed in quotation TN
50848 - daily bonds prices
This report or any part thereof may be reprinted, copied or redistributed in any way only with prior written permission and full credit.
The information contained herein is compiled and collected with care, but total accuracy and/or completeness is not guaranteed by the Zagreb Stock Exchange (ZSE). This publication is issued with the express condition to which everyone purchasing and making use thereof assents that no liability shall be incurred by ZSE. This publication is issued for information purposes only and is not to be construed in any way as an invitation to purchase or sell any security mentioned herein. ZSE recommends to any potential investor to seek professional advice before investing.
Copyright © 2001 by / The Zagreb Stock Exchange
Zagreb
Ksaver 200
Croatia
All rights reserved.
Zagreb, April 2002
Contents:
1. Trading in the first quarter of 2002 1
1.1. General characteristics 1
1.2. Trading Overview by Month 2
1.3. Shares performance 4
1.4. Bonds performance 5
1.5. Certificates performance 5
1.6. Stocks with the largest Market Capitalization 6
1.7. Most active stocks by turnover 6
1.8. Best performing stocks 7
1.9. Underperforming stocks 7
1.10. Financial ratios 7
2. Major events 8
3. Prices and volumes for the most active stocks 10
4. Listed shares 14
5. Listed Bonds 15
6. Listed Certificates 16
7. Methodological remarks 17
The Zagreb Stock Exchange
1. Trading in the first quarter of 2002
1.1. General characteristics
(Turnover and Market Capitalization in millions of Kunas)
Fourth quarter of 2001. / First quarter of 2002. / %change
Turnover:
Equities / 305.9 / 500.2 / 63.5
Bonds / 302.6 / 496.8 / 64.2
Certificates / 1.1 / 1.9 / 75.6
Total / 609.6 / 998.9 / 63.9
Volume:
Equities / 1,069,296 / 2,025,648 / 89.4
Bonds / 39,747,777 / 64,464,359 / 62.2
Certificates / 2,409,679 / 4,717,155 / 95.8
Total / 43,226,752 / 71,207,162 / 64.7
CROBEX© / 1,034.7 / 1,279.9 / 23.7
Total number of trades / 6,572 / 10,327 / 57.1
Number of securities traded / 50 / 57 / 14.0
Market Capitalization kapitalizacija / 25,815.5 / 31,873.2 / 23.5
Number of trading days / 61 / 63 / 3.3
Number of listed shares
Quotation I / 4 / 4 / 0.0
Quotation TN / 62 / 63 / 1.6
Daily average:
Turnover / 10.0 / 15.9 / 58.7
Volume / 708,635 / 1,130,272 / 59.5
Number of trades / 108 / 164 / 52.1
Exchange rate at the end of period HRK:USD / 8,356043 / 8,504932 / 1,8
1.2. Trading Overview by Month
(Turnover and Market Capitalization in millions of Kunas)
January / February / MarchTurnover:
Equities / 185.2 / 140.1 / 174.9
Bonds / 109.0 / 98.1 / 289.7
Certificates / 0.1 / 0.2 / 1.7
Total / 294.3 / 238.4 / 466.2
Volume:
Equities / 783,012 / 566,496 / 676,140
Bonds / 14,144,510 / 12,673,850 / 37,645,999
Certificates / 161,766 / 454,390 / 4,100,999
Total / 15,089,288 / 13,694,736 / 42,423,138
CROBEX© / 1,167.1 / 1,197.1 / 1,279.9
Total number of trades / 3,124 / 3,128 / 4,075
Number of securities traded / 45 / 54 / 53
Market Capitalization / 28,508.2 / 29,325.3 / 31,873.2
Number of trading days / 22 / 20 / 21
Number of listed shares:
Quotation I / 4 / 4 / 4
Quotation TN / 63 / 63 / 63
Daily average:
Turnover / 13.4 / 11.9 / 22.2
Volume / 685,877 / 684,737 / 2,020,149
Number of trades / 142 / 156 / 194
Chart 1: Zagreb Stock Exchange CROBEX and equity turnover
Chart 2: Structure of turnover in the first quarter of 2002
1.3. Shares performance
(All prices and turnover in Kunas, market capitalization in millions of Kunas)
High / Low / Last / Date / Net Change / Volume / Turnover / Mkt CapQuotation I
PLVA-R-A / 620.00 / 410.01 / 595.00 / 29,3,2002 / 44.4 / 295,625 / 156,435,475 / 11,062.6
PODR-R-A / 222.00 / 153.00 / 219.00 / 29,3,2002 / 43.1 / 384,395 / 71,048,909 / 1,184.1
VLEN-R-A / 105.00 / 75.00 / 77.01 / 29,3,2002 / -26.7 / 23,469 / 2,230,795 / 113.0
ZABA-R-A / 2,115.00 / 1,750.00 / 1,970.11 / 29,3,2002 / 6.5 / 52,704 / 102,702,699 / 5,661.3
Quotation TN
ARNT-R-A / 70.00 / 46.00 / 58.04 / 29,3,2002 / 31.6 / 4,208 / 236,229 / 126.7
ATLS-R-A / 50.00 / 20.12 / 40.00 / 27,3,2002 / 100.0 / 10,074 / 342,682 / 76.4
ATPL-R-A / 50.00 / 41.21 / 41.67 / 28,3,2002 / 34.4 / 541 / 25,113 / 56.8
BD62-R-A / 74.00 / 40.00 / 50.00 / 19,3,2002 / 0.0 / 676 / 31,947 / 37.6
BJBA-R-A / 4,400.00 / 4,400.00 / 4,400.00 / 25,1,2002 / 0.0 / 167 / 734,800 / 271.9
BLSC-R-A* / 110.00 / 86.00 / 86.00 / 27,3,2002 / -21.8 / 704 / 67,778 / 100.1
CROS-P-A / 4,200.00 / 2,000.00 / 3,905.00 / 29,3,2002 / 169.3 / 1,295 / 4,441,201 / 34.2
CROS-R-A / 4,448.00 / 2,900.00 / 4,000.00 / 29,3,2002 / 37.9 / 3,999 / 14,794,653 / 1,230.4
DABA-R-A / 82.01 / 82.01 / 82.01 / 8,2,2002 / -76.6 / 64 / 5,249 / 168.5
DLKV-R-A / 105.00 / 75.00 / 105.00 / 21,3,2002 / 56.7 / 493 / 38,548 / 240.9
ELKA-R-A / 70.00 / 55.00 / 64.00 / 29,3,2002 / 33.3 / 3,207 / 198,977 / 101.7
GKBA-P-A / 40.01 / 40.01 / 40.01 / 1,3,2002 / 14.3 / 56 / 2,241 / 8.8
HICZ-R-B* / 150.00 / 111.00 / 135.00 / 29,3,2002 / 17.4 / 16,912 / 2,434,316 / 117.4
HRBC-R-A / 129.00 / 72.00 / 101.50 / 29,3,2002 / 41.0 / 38,700 / 3,938,556 / 102.7
ISTT-R-A / 90.00 / 73.00 / 81.00 / 29,3,2002 / 12.5 / 62,611 / 5,114,051 / 378.7
JDPL-R-A* / 60.00 / 19.00 / 19.00 / 15,3,2002 / -55.8 / 1,092 / 44,137 / 31.1
JDTT-R-A / 58.00 / 40.05 / 40.05 / 25,3,2002 / -16.6 / 5,608 / 270,332 / 171.2
JNAF-R-A / 2,601.00 / 2,000.00 / 2,150.00 / 27,3,2002 / -14.0 / 1,857 / 4,597,111 / 1,597.1
KABA-R-A / 70.00 / 50.00 / 55.01 / 29,3,2002 / -8.3 / 115,453 / 7,781,933 / 36.8
KAPI-R-A / 650.00 / 500.00 / 580.01 / 26,3,2002 / 16.0 / 5,670 / 3,265,625 / 296.5
KOEI-R-A / 80.99 / 69.00 / 79.00 / 29,3,2002 / 29.4 / 22,326 / 1,665,399 / 198.8
KRAS-R-A / 250.00 / 166.00 / 246.00 / 29,3,2002 / 49.1 / 55,444 / 11,336,757 / 334.0
LLRB-R-A / 70.00 / 70.00 / 70.00 / 6,3,2002 / -40.3 / 422 / 29,540 / 9.6
PBZ-R-A / 241.00 / 165.02 / 226.11 / 29,3,2002 / 31.5 / 83,470 / 16,647,822 / 3,767.0
PLAG-R-A / 750.00 / 530.00 / 555.00 / 29,3,2002 / 5.7 / 2,244 / 1,336,082 / 303.2
RIBA-R-A / 270.00 / 74.00 / 74.01 / 29,3,2002 / -61.9 / 333,964 / 50,517,748 / 374.5
RIVP-R-A / 155.00 / 130.00 / 145.51 / 29,3,2002 / 16.4 / 90,618 / 13,295,428 / 531.6
SLBA-R-A / 700.00 / 655.00 / 670.00 / 25,3,2002 / 2.0 / 367 / 244,446 / 190.9
SNF-R-A / 74.00 / 48.00 / 51.00 / 29,3,2002 / -30.1 / 16,301 / 890,976 / 172.2
SSNC-R-A / 160.00 / 107.00 / 160.00 / 1,3,2002 / 6.7 / 80 / 11,210 / 4.4
STBA-R-A / 295.00 / 265.02 / 280.00 / 29,3,2002 / 1.8 / 8,121 / 2,253,094 / 1,017.7
SUNH-R-A / 86.00 / 45.00 / 48.54 / 29,3,2002 / 3.3 / 113,518 / 6,735,253 / 160.7
TDZ-R-A / 600.00 / 500.00 / 600.00 / 14,2,2002 / -14.3 / 22 / 13,000 / 194.9
VABA-R-1 / 208.00 / 131.00 / 151.00 / 25,3,2002 / -8.5 / 3,351 / 613,488 / 248.7
VART-R-1 / 54.00 / 35.50 / 45.67 / 29,3,2002 / 38.4 / 33,293 / 1,524,732 / 70.2
ZABA-P-B / 1,350.00 / 750.00 / 1,191.01 / 29,3,2002 / 0.1 / 432 / 439,542 / 13.5
ZAPI-R-A / 1,800.00 / 1,201.00 / 1,800.00 / 29,3,2002 / 20.0 / 139 / 238,486 / 1,116.8
ZLAR-R-A* / 70.01 / 36.00 / 53.28 / 21,3,2002 / 48.0 / 1,779 / 102,347 / 29.4
* comparision is done with the first price in first quarter of 2002
High / Low / Last / Date / Net Change / Volume / Turnover / Mkt CapQuotation TN-PIF
DOMF-R-A / 75.50 / 48.00 / 52.00 / 29,3,2002 / -30.7 / 77,625 / 4,802,407 / 421.8
EXPF-R-A / 58.80 / 40.00 / 41.50 / 22,3,2002 / -29.7 / 14,372 / 646,413 / 165.7
PLTR-R-A / 49.00 / 33.00 / 33.00 / 13,3,2002 / -35.3 / 7,294 / 320,014 / 63.1
SLPF-R-A / 44.20 / 29.00 / 29.00 / 20,3,2002 / -30.9 / 21,697 / 771,474 / 97.0
SNCE-R-A / 38.99 / 24.47 / 24.47 / 26,3,2002 / -37.5 / 68,797 / 2,586,382 / 61.9
VLBT-R-A* / 62.00 / 55.00 / 56.50 / 28,3,2002 / -0.9 / 40,392 / 2,402,009 / 192.5
* comparision is done with the first price in first quarter of 2002
1.4. Bonds performance
(All prices in % of par value, turnover in Kunas)
High / Low / Last / Date / Net Change / Volume / TurnoverBLSC-O-051A* / 100.20 / 100.00 / 100.15 / 18,3,2002 / 0.15 / 830,000 / 6,234,569
DAB-O-03CA / 104.50 / 103.50 / 104.50 / 29,3,2002 / 1.65 / 20,033,249 / 154,807,920
DAB-O-05CA / 107.80 / 106.55 / 107.45 / 22,3,2002 / 1.46 / 11,009,355 / 87,648,693
HZZO-O-047A / 106.50 / 104.70 / 106.20 / 26,3,2002 / 1.24 / 4,736,455 / 37,452,785
PLAG-O-048A* / 100.30 / 100.00 / 100.30 / 27,2,2002 / 0.30 / 1,297,800 / 9,788,362
RHMF-O-049A / 101.90 / 100.31 / 101.40 / 29,3,2002 / 1.15 / 11,152,000 / 83,726,385
RHMF-O-08CA / 103.20 / 100.75 / 103.20 / 29,3,2002 / 2.18 / 15,405,500 / 117,142,501
* comparision is done with the first price in first quarter of 2002
1.5. Certificates performance
(All prices in % of par value, turnover in Kunas)
Simbol / High / Low / Last / Date / Net Change / Volume / TurnoverRHMF-A-A / 41.00 / 37.52 / 39.30 / 29,3,2002 / -1.75 / 1,206,192 / 1,206,192
RHMJ-A-A / 41.00 / 37.50 / 39.30 / 29,3,2002 / -1.75 / 693,085 / 693,085
1.6. Stocks with the largest Market Capitalization
(Market capitalization in millions of Kunas)
Symbol / Market Cap.29.3.2002. / Percentage (%) / Cumulative percentage (%)
PLVA-R-A / 11,062.6 / 34.7 / 34.7
ZABA-R-A / 5,661.3 / 17.8 / 52.5
PBZ-R-A / 3,767.0 / 11.8 / 64.3
JNAF-R-A / 1,597.1 / 5.0 / 69.3
CROS-R-A / 1,230.4 / 3.9 / 73.2
PODR-R-A / 1,184.1 / 3.7 / 76.9
ZAPI-R-A / 1,116.8 / 3.5 / 80.4
STBA-R-A / 1,017.7 / 3.2 / 83.6
RIVP-R-A / 531.6 / 1.7 / 85.2
ISTT-R-A / 378.7 / 1.2 / 86.4
Others / 4,325.8 / 13.6 / 100.0
Total / 31,873.2
Chart 3: Market Capitalization
1.7. Most active stocks by turnover
(Turnover in Kunas)
Symbol / Turnover / Percentage (%) / Cumulative percentage (%)PLVA-R-A / 156,435,475 / 31.3 / 31.3
ZABA-R-A / 102,702,699 / 20.5 / 51.8
PODR-R-A / 71,048,909 / 14.2 / 66.0
RIBA-R-A / 50,517,748 / 10.1 / 76.1
PBZ-R-A / 16,647,822 / 3.3 / 79.4
CROS-R-A / 14,794,653 / 3.0 / 82.4
RIVP-R-A / 13,295,428 / 2.7 / 85.1
KRAS-R-A / 11,336,757 / 2.3 / 87.3
KABA-R-A / 7,781,933 / 1.6 / 88.9
SUNH-R-A / 6,735,253 / 1.3 / 90.2
Others / 48,910,727 / 9.8 / 100.0
Total / 500,207,402
Chart 4: Distribution of equities turnover
1.8. Best performing stocks
Symbol / Fourth quarter of 2001 / First quarter of 2002 / % changeCROS-P-A / 1,450.00 / 3,905.00 / 169.31
ATLS-R-A / 20.00 / 40.00 / 100.00
DLKV-R-A / 67.00 / 105.00 / 56.72
KRAS-R-A / 165.00 / 246.00 / 49.09
ZLAR-R-A* / 36.00 / 53.28 / 48.00
PLVA-R-A / 412.01 / 595.00 / 44.41
PODR-R-A / 153.00 / 219.00 / 43.14
HRBC-R-A / 72.01 / 101.50 / 40.95
VART-R-1 / 33.00 / 45.67 / 38.39
CROS-R-A / 2,900.00 / 4,000.00 / 37.93
* comparision is done with the first price in first quarter of 2002
1.9. Underperforming stocks
Symbol / Fourth quarter of 2001 / First quarter of 2002 / % changeDABA-R-A / 350.00 / 82.01 / -76.57
RIBA-R-A / 194.50 / 74.01 / -61.95
JDPL-R-A* / 43.00 / 19.00 / -55.81
LLRB-R-A / 117.32 / 70.00 / -40.33
SNCE-R-A / 39.17 / 24.47 / -37.53
PLTR-R-A / 51.00 / 33.00 / -35.29
SLPF-R-A / 41.99 / 29.00 / -30.94
DOMF-R-A / 75.00 / 52.00 / -30.67
SNF-R-A / 73.00 / 51.00 / -30.14
EXPF-R-A / 59.00 / 41.50 / -29.66
* comparision is done with the first price in first quarter of 2002
1.10. Financial ratios
(Price, earnings and dividends in Kunas)
Symbol / Price 29.3.2002. / Earnings per share / P/E ratio / Dividend for 2000 / Dividend yieldPLVA-R-A / 595.00 / 56.20 / 10.6 / 12.00 / 2.0%
PODR-R-A / 219.00 / 17.30 / 12.7 / 0 / -
VLEN-R-A / 77.01 / 15.80 / 4.9 / 0 / -
ZABA-R-A / 1,970.11 / 290.80 / 6.8 / 112.42 / 5.7%
* refers to period 1.7.2000. do 30.6.2001.
2. Major events
March 15, 2002 / Zagrebačka banka d.d. announced its 2001 results.March 7, 2002 / PLIVA d.d. announced its 2001 results.
March 5, 2002 / Bokeri 21 d.o.o. and Interkapital vrijednosni papiri d.o.o have become a member of Zagrebacka burza.
March 4, 2002 / Zagrebacka banka d.d. was informed by Unicredito and Allianz on the succssfull outcome of the offers.
February 27, 2002 / Extraordinary General Mitinig of Zagrebacka banka d.d. held today.
February 22, 2002 / Belisce d.d. (ZSE symbol: BLSC-R-A) ordinary registered shares will start trading in Quoation TN on February 22, 2002.
February 20, 2002 / Sted-kapital d.o.o has become a member of Zagrebacka burza.
February 14, 2002 / Unicredito Italiano and Allianz anounce launch of offers for the entire issued voting share capital of Zagrebacka banka.
February 05, 2002 / Trading with Plava laguna Corporate Bond EUR 12 Millions 6,75% has started in Quotation TN.
January 31, 2002 / UniCredito Italiano S.p.A. and Allianz AG announced the timetable for the proposed recommended offers for the entire voting share capital of Zagrebacka banka d.d. (comprising voting shares and GDRs) not owned by the Consortium. Although still dependent on a number of conditions, the Offers are expected to be launched on 11 February 2002, and it is anticipated that they will remain open for acceptance for a period of three weeks (until 1 March 2002).
January 24, 2002 / On Friday, 18 January 2002, a meeting of the Supervisory Board of Zagrebacka banka dd (Zagrebacka banka) was held to approve the Management Board decision to convene an Extraordinary General Meeting to be held on 4 March 2002. At the Extraordinary General Meeting the shareholders will be asked to approve amendments to the Articles of Association of Zagrebacka banka, conditional upon completion of the proposed tender offer (the "Tender Offer") for the entire voting capital of Zagrebacka banka via a consortium comprising UniCredito Italiano S.p.A. and Allianz AG (the "Consortium").
January 17, 2002 / Trading with Belisce Corporate Bond EUR 17 Millions 7,375% has started in Quotation TN.
January 16, 2002 / A meeting of the Supervisory Board of Zagrebacka banka d.d. ("Zagrebacka banka") was held on 15 January 2002. The Supervisory Board agreed to convene the Extraordinary General Meeting ("EGM") of Zagrebacka banka to be held on 27 February 2002 with the following Agenda: Resolution on Election of the Chairman and Deputy Chairman of the General Meeting of the Bank; Resolution on Appropriation of the Profit of Zagrebacka banka for the Year Ended 31 December 2000; Resolution Defining the Text of Amendments to Article 9, 10, and 58 of the Articles of Association of Zagrebacka banka. In anticipation of the proposed tender offer (the "Tender Offer") by UniCredito Italiano S.p.A and Allianz AG (together "the Consortium"), a Special Dividend in HRK counter value of US$7.00 per Zagrebacka banka ordinary share (US$0.70 per Zagrebacka banka GDR) will be distributed. This Special Dividend will be payable to all shareholders registered with the Central Depository Agency as at 15 February 2002.
3. Prices and volumes for the most active stocks
Chart 5: Pliva d.d.