Naslov
"Time lost" at Zagreb Stock exhange (ZSE): Crobex Index case

Autori
Kozina, Goran ; Primorac, Dinko ; Cingula, Domagoj

Vrsta, podvrsta i kategorija rada
Radovi u zbornicima skupova, cjeloviti rad (in extenso), znanstveni

Izvornik
92 nd International Scientific Conference on Economic and Social Development – "Business, Economics and Social Development after Pandemics" / Pornlapas Suwannarat ; Sasivimol Meeampol ; Bordin Rassameethes ; Suparerk Sooksmarn - Varaždin : VADEA ; Sveučilište Sjever, 2023, 192-199

Skup
92 nd International Scientific Conference on Economic and Social Development – "Business, Economics and Social Development after Pandemics"

Mjesto i datum
Bangkok, Tajland, 23.02.2023. - 24.02.2023

Vrsta sudjelovanja
Pozvano predavanje

Vrsta recenzije
Međunarodna recenzija

Ključne riječi
CROBEX ; price index ; stock trends ; turmoil ; Zagreb Stock Exchange

Sažetak
Zagreb Stock Exchange (ZSE) represents relatively small emerging-market, founded in early 90’s as main Croatian stock market. Its main index CROBEX (Croatian Bourse Index) was firstly introduced on 1.9.1997. and it is calculated on daily basis since then, with starting value of one thousand (1.000) points. It is a price index, consisting of 15-25 shares that are included according to its free float market capitalization and revised biannually - every March and September. CROBEX all time high value (ATH) was recorded on January 4, 2008 with 5.292, 14 points (closed at 5.279, 14). Global financial crises in 2008 caused CROBEX to rapidly decline from +5.000 points to values -1.500, where it averaged through following years with rare exception of breaking psychological barrier of 2.000 points. CROBEX main growth was mainly achieved in period 2004-2008, and this paper aims to show its downfall, and disability to properly recover ever since. Thus is of relevant importance since stock market indices not only show the main movements of a certain stock market, but also represent good indicators of economic trends in general.

Izvorni jezik
Engleski

Znanstvena područja
Ekonomija

POVEZANOST RADA