How it started
History
It began to be published on 1 September 1997, and the base date is 1 July 1997, when its base value was 1,000 points.
For a long time, the Pliva stock was one of the main constituents of the index, before the company was sold and de-listed.
In October 2007, its value was around 5,400 points, an all-time high. By March 2009, the index dropped to 1,300 points. In the first half of 2011, it hovered around 2,200 points, falling to below 1,800 by the end of the year. In October 2016, the index broke 2,000 points, the highest level since March 2013.
In April 2018, an exchange traded fund started tracking the index - Expat Croatia CROBEX UCITS ETF - listed in Frankfurt on Xetra (ticker ECDC, ISIN BGCROEX03189) and traded in euro, providing a convenient way for exposure to international investors.
From Wikipedia’s article on CROBEX, shared under CC BY-SA 4.0.2