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Croatian share indices close slightly higher on gains in Valamar

Author Annie Tsoneva
Croatian share indices close slightly higher on gains in Valamar Valamar

ZAGREB (Croatia), December 17 (SeeNews) - The main share indices of the Zagreb Stock Exchange (ZSE) finished a tad higher on Friday, as gains in hotel operator Valamar Riviera [ZSE:PODR] offset losses in food and pharmaceuticals producer Podravka [ZSE:PODR], bourse data showed.

The ZSE's blue-chip 21-share benchmark CROBEX index closed at 2,035.20 points, up 0.05%, ZSE data showed.

The narrower of the ZSE's two blue-chip indices, the CROBEX10, which tracks the top ten companies in terms of free float, market capitalisation and liquidity, added 0.06% to finish at 1,247.64 points.

Valamar Riviera was the most liquid stock on Friday, contributing 2.3 million kuna ($6,000/,000 euro) of the ZSE's total turnover. The hotel operator's share price increased 0.31% to 23.30 kuna.

Podravka was second the most liquid stock, with 1.6 million kuna of the ZSE's total turnover, as its share price declined 0.31% to 634 kuna.

Insurer Adriatic Osiguranje [ZSE:JDOS] ranked third with 1.1 million kuna of turnover. Its shares closed flat at 4,900 kuna.

The ZSE's total turnover was little changed at 7.6 million kuna, compared with 7.5 million kuna on Thursday.

(1 euro = 7.519 Croatian kuna)

Jadransko Osiguranje d.d. is among the biggest insurers in SEE, for more reference take a look at Top 100 insurers
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