November 15 (SeeNews) - Croatian share indices lost more than one and a half percent each on Thursday on losses across the board on a bearish market, brokers said.
Turnover in shares and bonds in floor trading went up to 108.2 million kuna ($21.5 million/14.7 million euro) from 80.8 million kuna on Wednesday.
The 30-share Crobex benchmark of the Zagreb Stock Exchange (ZSE) shed 1.67% to 4,886.6 points. The Croemi 20-share index calculated by commercial bank Raiffeisenbank Austria lost 1.65% to 3,989.31 points.
The two indices have been mostly falling since hitting all-time highs in mid-October. Despite a recent slide, they have brought investors gains of some 48% since the beginning of the year.
The narrowest CROX index of the seven most traded stocks on the ZSE, which the Vienna Stock Exchange launched this summer, pared 1.76% to end at 2,583.15 points in euro terms.
Shares in index heavyweight INA closed at 2,599 kuna, up 0.15% on 9.8 million kuna of turnover after the company reported a year-on-year rise of some 29% in its nine-month net profit to $133 million.
“Shipping sector was on the bears’ radar pressured by weakness in the Baltic Dry index, with Tankerska Plovidba correcting as much as 5.9% and Uljanik Plovidba dipping 1.5%, while Atlantska Plovidba closed flat,” said a foreign bank trader.
Telecom T-HT’s shares dropped 2.89% to 350.08 kuna on profit-taking, the broker added. It attracted the highest daily turnover, 17.4 million kuna.
Overall, decliners beat gainers by 93 to 25 and 19 shares were unchanged.
The fixed-income Crobis index dipped 0.18% to 97.4686 points.
(1 euro=7.3494 Croatian kuna)