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Atlantska Plovidba leads Croatia's blue-chip gainers, share indices rise

Atlantska Plovidba leads Croatia's blue-chip gainers, share indices rise Author: Zagreb bourse. License: All rights reserved.

ZAGREB (Croatia), October 10 (SeeNews) - The share indices of the Zagreb Stock Exchange (ZSE) rose on Thursday, supported by a rise in the share price of shipping company Atlantska Plovidba [ZSE:ATPL], ZSE data showed.

Atlantska Plovidba closed 2.58% higher at 438 kuna, leading the blue-chip gainers. 

Shupbuilding company Viktor Lenac [ZSE:VLEN] paced the blue-chip losers,ending a tree-day winning streak, with shares closing at 7.10 kuna, down 5.33%.

Hrvatski Telekom [ZSE:HT] contributed the biggest portion of trading turnover among the blue chips on Thursday, of 484,685 kuna. The company's shares closed 0.3% lower at 169 kuna.

Confectionery producer Kras, which has been boosting ZSE's turnover over the past weeks, closed flat at 980 kuna in deals worth 1 million kuna in total.

On September 9, meat producer Braca Pivac said it plans to launch a joint buyout bid with local trading company Kras-ESOP for the remaining stake of 50.82% in Kras the two firms do not own among themselves yet. The company's shares were trading below the 400 kuna mark before the buyout plans were announced.

The ZSE's total trading turnover plummeted to 7.1 million kuna ($1.1 million/955,858 euro), from 91.9 million kuna on Wednesday when a 78.02 million kuna block deal in Atlantic Grupa's shares sharply boosted turnover.

The 25-share benchmark CROBEX index added 0.58% to 1,940.56 on Thursday after edging down 0.01% in the previous trading session.

The narrower of the ZSE's two blue-chip indices, the CROBEX10, which tracks the leading companies in terms of free float, market capitalisation and liquidity, increased 0.40% to 1,151.61 after adding 0.06% on Wednesday.

The fixed-income CROBIS index lost 0.04% to 116.8617.

(1 euro = 7.42788 kuna)