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Croatian share indices end mixed, Jadran shines

May 28, 2024, 7:35:35 PMArticle by Annie Tsoneva
share
May 28 (SeeNews) - The main equity indices of the Zagreb Stock Exchange ended mixed on Tuesday amidst gains in Ericsson Nikola Tesla [ZSE:ERNT] and losses in Valamar Riviera [ZSE:RIVP], bourse data showed.

Croatian share indices end mixed, Jadran shines
Source: Jadran

The total regular turnover reached 942,000 euro ($1.0 million) from some 785,000 euro a day earlier.

The 21-share benchmark, the CROBEX, dipped 0.08% to close at 2,821.47 points.

The narrower equity index CROBEX10, which tracks the top ten issuers in terms of free float, market capitalisation and liquidity, advanced 0.09% to 1,692.59 points.

Non-life insurer Adriatic Osiguranje [ZSE:JDOS], which is not part of the main indices, generated the biggest daily turnover, 158,000 euro, as its shares shed 2.33% to 420 euro.

ICT solutions provider Ericsson Nikola Tesla followed with a turnover of 102,000 euro. Its shares gained 0.48% to 208 euro. None other stock registered a turnover above the 100,000 euro mark.

Shares of Zagrebacka Banka [ZSE:ZABA] fell 1.10% to 17.90 euro in a turnover of 77,000 euro. The lender is part of the wider equity index.

Shares of index-heavyweight hotel owner and manager Valamar Riviera fell 1.15% to 5.14 euro in a turnover of 46,000 euro.

Another hotel owner and operator, Jadran [ZSE:JDRN], was the biggest daily gainer as its shares closed 7.14% higher at 1.50 euro, despite a proposal by its management to skip dividend payment this year. Jadran is not a constituent of the main equity indices.

($ = 0.919 euro)

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