Croatian share indices end mixed in low turnover, Varteks rebounds

The 21-share benchmark, the CROBEX, added 0.03% to 2,829.10 points.

The narrower equity index CROBEX10, which tracks the top ten issuers in terms of free float, market capitalisation and liquidity, declined 0.08% to 1,698.60 points.

ICT solutions provider Ericsson Nikola Tesla [ZSE:ERNT], generated the biggest daily turnover, of almost 70,860 euro as its shares ended flat at 206 euro.

Zagrebacka Banka [ZSE:ZABA], which is part of the wider index, ranked second by turnover with almost 60,000 euro. Its shares gained 0.84% to close at 18 euro apiece.

The biggest daily gainer was luxury clothing producer Varteks [ZSE:VART] with a 38.46% surge in its share price to 0.18 euro, following sharp declines in the previous trading days as the company’s shareholders decided this week to delist its shares from the bourse. On Friday, the company published an invitation to potential investors to subscribe for a new share issue.

($ = 0.921 euro)