ANALYSIS OF THE CAPITAL MARKET IN CROATIA

Maja Buljat, Zoran Ivanovic and Suzana Baresa
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Maja Buljat: "Baltazar Zapresic" University of Applied Sciences, Zapresic, Croatia

UTMS Journal of Economics, 2015, vol. 6, issue 2, 223-232

Abstract: The financial crisis that began in 2008 in the USA turned into a global economic crisis in a short time. As such, it had a big impact on the financial stability of Croatia, primarily on capital market. Capital market includes securities trading, primarily stocks and bonds, whose market value is influenced by the market capitalization of capital market and vice versa. Macro economically, market capitalization had an influence on the fall in the value of the entire capital market, and micro economically, it had an influence on the fall of the prices of stocks, bonds and other financial instruments of companies. The volume of trade decreased, but there was an increase in the number of transactions. In other words, people traded more and in smaller quantities. Therefore, the risk increased, and investors became more cautious.

Keywords: economic crisis; capital market; securities; risk (search for similar items in EconPapers)
JEL-codes: G14 (search for similar items in EconPapers)
Date: 2015
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Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:ris:utmsje:0156

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