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Croatian equity indices rebound on gains in Valamar, Koncar

Mar 19, 2024, 6:58:35 PMArticle by Annie Tsoneva
share
March 19 (SeeNews) - The main equity indices of the Zagreb Stock Exchange (ZSE) rebounded on Tuesday as gains in hotel owner and manager Valamar Riviera [ZSE:RIVP] and electrical concern Koncar Elektroindustrija [ZSE:KOEI] offset losses in food and pharmaceuticals producer Podravka [ZSE:PODR], bourse data showed.

Croatian equity indices rebound on gains in Valamar, Koncar
Valamar Allegro Residence. Source: Valamar

Total regular turnover dropped to 1.0 million euro ($1.1 million) from 2.5 million euro a day earlier.

The 21-share benchmark CROBEX rose 0.86% to finish at 2,797.35 points.

The narrower equity index CROBEX10, which tracks the top ten issuers in terms of free float, market capitalisation and liquidity, climbed 0.93% to close at 1,693.40 points.

Valamar Riviera was the most traded company with a turnover of 267,000 euro, as its shares surged 3.20% to 5.16 euro.

Shares of Koncar Elektroindustrija appreciated 2.31% to close at 262 euro in a turnover of 61,200 euro. The company said on Tuesday that its unit Koncar - Digital has completed the acquisition of a majority stake in software company Adnet.

In a lower turnover, Podravka fell 0.93% to 159.50 euro.

Hrvatska Postanska Banka [ZSE:HPB] was the biggest daily gainer. Its share price soared 5.41% to 234 euro but only 119 of its shares changed hands.

($ = 0.921 euro)

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