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Podravka's share met conditions to be included in CROBEX10©

29 Mar 2010 Koprivnica

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The first review of the index was performed by the Index Commission on 11 March 2010, based on the trading data for the period from 1 September 2009 to 28 February 2010, proving that Podravka's share satisfied the terms to be included in the index

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As of 29 March 2010 Podravka share is listed among the blue chip share index CROBEX10© of the Zagreb Stock Exchange. The first review of the index was performed by the Index Commission on 11 March 2010, based on the trading data for the period from 1 September 2009 to 28 February 2010, proving that Podravka's share satisfied the terms to be included in the index. CROBEX10© index started being published on 7 September 2009. The base date of the index is 31 July 2009 and the base value is set on 1000.

CROBEX10© is weighed by free float adjusted market capitalization, and the weight of any individual issuer is limited to 20%. CROBEX10© is comprised of 10 top securities included in CROBEX® in terms of free-float market capitalization and liquidity. In the selection process all CROBEX® securities are ranked by the following two criteria:
1. free float market capitalization
2. orderbook turnover in the preceding 6 month period
Any of this criteria is given a weighting of 50% and the weighted market share is calculated.

More on CROBEX10© at ZSE

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