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Croatian share indices edge lower on losses in Valamar, Adris, Podravka

Author Annie Tsoneva
Croatian share indices edge lower on losses in Valamar, Adris, Podravka Author: Zagreb bourse. License: All rights reserved.

ZAGREB (Croatia), May 24 (SeeNews) - The main equity indices of the Zagreb Stock Exchange (ZSE) lost ground on Tuesday on losses in Valamar Riviera, Adris and Podravka, bourse data showed.

The 23-share blue-chip index, the CROBEX, dipped 0.17% to finish at 2,086.80 points.

The narrower CROBEX10 which tracks the top ten companies in terms of free float, market capitalisation and liquidity, fell 0.27% to end at 1,242.23 points.

Hrvatski Telekom [ZSE:TH] was the most traded stock with a turnover of 1.4 million kuna ($199,000/186,000 euro). Its shares added 0.28% to end at 177.50 kuna.

Shares of hotel owner and manager Valamar Riviera [ZSE:RIVP] ranked second with a turnover of 335,00 kuna. Its shares declined 0.88% to finish at 33.70 kuna.

Preferred shares of holding company Adris [ZSE:ADRS2] ended 0.23% lower at 425 kuna in a turnover of 228,000 kuna.

Shares of index heavyweight food and pharmaceuticals producer Podravka [ZSE:PODR] fell 0.66% to 610 kuna in a turnover of 170,000 kuna.

The bourse's total turnover rose fell to 4.5 million kuna from 7.3 million kuna on Monday when it was boosted by a 2.7 million kuna block deal with Podravka's shares.

(1 euro = 7.529 Croatian kuna)

Hrvatski Telekom d.d. is among the biggest companies in SEE, for more reference take a look at Top 100 companies
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