Croatian Bourse Indices End Mixed

"Optimistic mood still dominates the domestic capital market. That supported the 0.67% gain of the CROBEX to 1,743.86 points," said a broker with brokerage Ilirika. This is the third positive close of the bourse's 28-share index in as many trading sessions.

The CROEMI 20-share index, calculated by Raiffeisenbank Austria, was up 0.57% to 1,577.41 points.

The narrowest index, CROX, which tracks the 12 most traded stocks on the Zagreb market and is calculated by the Vienna bourse, dipped 0.13% in euro terms to 1,054.92 points.

Shipping company Atlantska Plovidba rose 3.25% to end at 728 kuna on the day’s largest turnover of 13.8 million kuna thanks to institutional buyers, said an analyst with Hypo Alpe-Adria-Bank.

Power transmission equipment maker Dalekovod moved 4.73% higher to 363.40 kuna on 5.6 million kuna of turnover.

"Dalekovod ignited investor attention [...] on news that the company teamed up with Siemens and signed a 13.5 million euro [...] deal with Montenegrin Electric Enterprise for the construction of two new transformer substations. Siemens will deliver the required equipment for this construction, whereby Dalekovod should perform the construction," the Hypo analyst added.

Telecommunications company T-HT, an index heavyweight, was up 0.77% to 197 kuna on 4.4 million kuna of turnover.

Turnover in floor trading rose to almost 50 million kuna ($9.8 million/6.9 million euro) from 42.6 million kuna a day earlier.

The fixed-income CROBIS index fell 0.45% to 89.20 points.

(1 euro = 7.2096 Croatian kuna)