STOCK MARKET TRADING ANALYSIS BEFORE WORLD FINANCIAL CRISES AND NOWADAYS: ZAGREB STOCK EXCHANGE CASE

In 2013, Croatia became a member of the European Union but it is still considered as a part of emerging and developing markets. Croatian stock market is known as Zagreb Stock Exchange (ZSE). It is an electronic market where stocks and bonds are traded since 1991. Among numerous economic indicators, general stock market situation also shows positive or negative trends and/or movements in the country. This paper will present two way analysis: CROBEX (main ZSE index) movement and daily turnover movement in period between 2007 and 2015. It will also be shown which corporations are market leaders according to the trading volume in past ten (10) years. The main objective of this paper is to provide general information on ZSE condition before global crises and nowadays with purpose to encourage worldwide readers to use this paper as a basic tool to acquaint themselves with the situation on stock market trading in Croatia. Data used for the analysis will be taken out from the historic data at Zagreb Stock Exchange website which represents fully open access archive. Important note regarding this work is that it shouldn't be taken as an initiative to buy or sell securities - the only purpose is to make a review of ZSE trading before the world crises to date.