Trump’s customs also hit the Zagreb Stock Exchange. CROBEXI Falling the second day in a row

On Thursday, Crobexi fell on the Zagreb Stock Exchange, the second day in a row, following sharp losses on the world stock exchanges after US President Donald Trump announced last night to introduce high customs duties to the import of goods to the United States, increasing the risk of global trade war.

The CROBEX Index fell 0.66 percent to 3,265 points on Thursday, and Crobex10 dropped by 0.99 percent to 2,042 points.

All sectoral indexes were sank, most of all Crobexindustria, by 1.64 percent.

Regular shares traffic reached EUR 1.78 million and was about 360 thousand higher than the day before.

Thus, Crobexi follows the fall of the world stock market indexes, which are under strong pressure because US President Donald Trump announced more customs duties last night than expected. The Stoxx 600 leading European stock index descended on Thursday by more than 2.5 percent.

A sharp decline was also recorded at the opening of the Stock Exchange in the United States. The Dow Jones Index sank around 16.30 hours 1,500 points or 3.57 percent, on 40,718 points. The S&P 500 index dropped more than 4 percent to 5,441 points, and the Nasdaq index of as much as 5.2 percent, to 16,689 points. Only today is the plus of the so -called. Vix fear index, for as much as 32.6 percent!

Trump announced last night that the United States will charge customs duties of 10 percent from April 5, and to import the countries with which they now have the largest trade deficit will be applied by additional customs duties. Imports from China, which are already charged duties of 20 percent, will apply additional customs of 34 percent in the future, 24 percent import from Japan, 20 percent from the European Union, 10 percent from the UK …

As many countries, including China, Japan and the EU, announced the countermeasures, investors are afraid of the customs war escalation, which could cause the growth of inflation and slowing the growth of the greatest economies, and even the recession.

The price of prices on ZSE, as well as on other world stock exchanges, has engulfed most of the shares. A total of 36 shares were traded on ZSE today, with the price of as many as 24 fell, seven stagnated, only five increased.

The biggest traffic was had a section of Koncar, 410 thousand euros, and its price sank 3.7 percent, to 443 euros, and among the 10 most liquids she recorded the highest drop.

The following is an Ing-grad section, which realized 224,000 euros in traffic, with a drop in its price by 0.86 percent to 46.3 euros.

The privileged section of Koncar D&C has generated 156,000 euros, and with a drop in its price by 0.52 percent, to 1,920 euros.

The biggest loser was Kutjevo’s section, with a price drop by 6.83 percent to 3.82 euros.