Croatian Share Indices Drop, Atlantska Plovidba Most Liquid

The 28-share benchmark CROBEX index went down 1.40% to 1,762.93 points. The CROEMI 20-share index, calculated by Raiffeisenbank Austria, lost 1.29% to 1,579.50 points.

The narrowest index, CROX, which tracks the 12 most traded stocks on the Zagreb market and is calculated by the Vienna bourse, fell 2.18% in euro terms to 1,036.56 points.

Atlantska Plovidba was in the focus of investors, local brokerage Ilirika said in a daily note.

The company shares sank 3.58% to 790.65 kuna ($137.41/106.10 euro) on deals worth 15.94 million kuna, Zagreb bourse data showed.

Among other liquid stocks were T-HT and Croatia Osiguranje, Ilirika said.

Croatia’s biggest insurer Croatia Osiguranje skyrocketed 8.46% to close at 3,355.00 kuna on turnover of 1.03 million kuna. Index heavyweight telecommunications company T-HT fell 1.11% and closed at 22.50 kuna in trading worth 8.52 million kuna.

The construction sector was also liquid, with power transmission equipment maker Dalekovod going down 3.54% to close at 395.50 kuna on turnover of 1.75 million kuna. Civil engineering firm INGRA went beyond the million-kuna threshold, too, gaining 0.21% to 75.15 kuna on deals worth 1.19 million kuna.

The fixed-income CROBIS index fell 0.28% to 88.73.

Total turnover in floor trading on Thursday rose to 36.97 million kuna from 30.22 million kuna on Wednesday.

(1 euro = 7.4521 Croatian kuna)