November 13 (SeeNews) - Croatian share indices on Tuesday finished mixed while turnovers remained low, brokers said.
Turnover in shares and bonds in floor trading was only 76.3 million kuna ($15.2 million/10.4 million euro), down from 78.1 million kuna a day earlier.
The 30-share Crobex index of the Zagreb Stock Exchange (ZSE) gained ground rising 0.16% to 4,967.4 points. The announcement of nine-month financial results by tobacco and tourism blue-chip Adris probably helped its growth, as well as recovery in the share price of civil engineering institute IGH and power transmission facilities maker Dalekovod, which enjoys revived interest, mainly among retail investors, following a number of delivery deals it has recently signed, Zeljko Bunjevac, an analyst with Fima Fas consultancy, told SeeNews.
The Croemi 20-share index of commercial bank Raiffeisenbank Austria dipped 0.03% to 4,054.51. The two indices have been mostly falling since hitting their all-time highs in mid-October and following gains of more than 50% 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, declined 0.30% to finish at 2,625.19 in euro terms.
The preferred share of Adris rose 2.0% to close at 510 kuna on 3.5 million kuna turover following news of a 21% rise in its nine-month net profit. “Besides, our technical analysis has shown that at the [Monday closing] level of 500 kuna, that share was in oversold territory,” Bunjevac added.
IGH advanced 2.73% to 13,211 kuna on 4.2 million kuna of turnover after a recent slide.
Dalekovod’s shares rose 3.06% to 1,648.88 kuna on 5.6 million kuna of turnover.
Blue-chip shipping company Atlantska Plovidba fell 1.64% to 3,300 kuna on 7.7 million kuna of turnover.
As has become usual, telecoms company T-HT, whose shares were floated last month, was the most traded share by daily turnover, 13.5 million kuna. Its share price was unchanged at 362 kuna. T-HT stock is not part of the Crobex yet.
Overall, 51 shares fell, 46 rose and 25 shares closed unchanged.
The fixed-income Crobis index was 97.9136 points, down 0.03%.
(1 euro=7.3484 Croatian kuna)