Croatian equities came under heavy pressure on Monday as renewed trade tensions between the United States and Europe triggered a broad market sell-off. After a calm opening, losses accelerated in afternoon trading, pushing the CROBEX index down 1.2% to 3,916 points and ending an eight-day rally. It was the benchmark’s sharpest one-day decline in nearly ten months.
The steepest fall was recorded by Kraš, whose shares plunged 7.5%, followed by Croatia Osiguranje (-5.2%) and Končar – Distributivni i specijalni transformatori (-5%).
Končar was also the most traded stock, with €440,000 in turnover, despite a 2.4% price drop, while Dalekovod stood out as one of the rare gainers, rising 0.5%.
The Zagreb slide reflected losses across Europe, where Germany’s DAX fell 1% and France’s CAC 40 dropped 1.4%, while the STOXX 600 index lost over 1%. Markets reacted to statements by U.S. President , who announced new tariffs on imports from several European NATO members, rattling autos and luxury stocks and reviving fears of a wider trade confrontation.
