September 7 (SeeNews) - The Zagreb Stock Exchange (ZSE) said it is removing four issuers from its blue-chip CROBEX index because they have not met the conditions to stay.
CROBEX is excluding shipping company Uljanik Plovidba [ZSE:ULPL], civil engineering company Institut IGH [ZSE:IGH], shipping company Jadroplov [ZSE:JDPL] and port operator Luka Rijeka [ZSE:LKRI], it said in a statement late on Thursday.
The changes will take effect after trading closes on September 21.
The ZSE also said it is adding Croatian hotel operator Jadran [ZSE:JDRN] to the CROBEX from September 24.
The index revision was carried out on the basis of trading data in the period from March 1 to August 31, 2018.