Zagreb Stock Exchange (ZSE) was founded in 1991 and had worked independently for fifteen years. In the month of March 2007, the Zagreb Stock exchange was merged with the Croatian Stock Exchange or the VSE. The capital city of Croatia, Zagreb is an independent self-governing unit. The merging of the two stock exchanges has resulted in the formation of the Croatian capital market. This market happens to be the most important of all stock exchanges in the region.
The official share index of Zagreb Stock Exchange is
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CROBEX. There are thirty stocks under this index. The price of the stock is calculated by the free float market capitalization. Apart from the CROBEX, the Zagreb Stock Exchange also publishes bonds. The official index of the bonds is CROBIS.
The Zagreb Stock exchange, now merged with the Croatian Stock Exchange is vital to the economy of Croatia. The Zagreb stock market provides is provides for employment for businessmen all over Croatia. Presently, there are about 380 companies, which total a market capitalization of $77.5 billion.
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