The Zagreb Stock Exchange merged with Varazdin Stock Exchange on
VSE joined with the main
having a total market capitalization put at around 295 billion kuna ($53.5 billion), including 43 billion kuna worth of bonds.
After the merge, number of listed companies on the Zagreb Stock Exchange rose to 344 (369 stocks).
The Official Zagreb Stock Exchange Index CROBEX will be recalculated to include only the free float of the listed companies. Thirty stocks, including seven taken over from Varazdin, will be included in the new index.
The CROBEX has steadily risen from 2,100 points in October 2005, when