First joint index of ZSE and LJSE to be launched

Zagrebacka Banka d.d.
Summary: 
Zagreb Stock Exchange (ZSE) and Ljubljana Stock Exchange (LJSE) will launch new joint equity index ADRIAprime.
Fri, 14/06/2019

In line with the public announcement of ZSE, two exchanges will launch joint equity index ADRIAprime as of 19 June 2019. ADRIAprime will be a free float market capitalization weighted total return index that will also include dividends. New index will comprise shares listed in the Prime Markets of ZSE and LJSE, but selection of shares will be made by each exchange individually. Weight of each constituent share will be capped at 15%, whereas the base level will be set at 1,000 points on 30 April 2019. Calculation currency is EUR.