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Croatian share indices extend losing streak

Author Annie Tsoneva
Croatian share indices extend losing streak Photo: Valamar Padova Hotel

ZAGREB (Croatia), July 15 (SeeNews) - The main equity indices of the Zagreb Stock Exchange (ZSE) fell for a third straight day on Thursday, bourse data showed.

The ZSE's blue-chip 18-share benchmark CROBEX index dipped 0.10%, closing at 1,937.76 points.

The narrower of the ZSE's two blue-chip indices, the CROBEX10, which tracks the leading companies in terms of free float, market capitalisation and liquidity, fell 0.20% to finish at 1,194.33 points.

Hotel operator Valamar Riviera [ZSE:RIVP] was the most traded company on Thursday, contributing 1.8 million kuna ($284,000/240,000 euro) of the ZSE's total turnover for the day. Its shares gained 1.09% to close at 27.90 kuna.

Shares of ICT solutions provider Ericsson Nikola Tesla [ZSE:ERN] went down 0.31%, closing at 1,615 kuna in a turnover of almost 1.7 million kuna.

Shares of alcoholic drinks and confectionery producer Zvecevo [ZSE:ZVCV-R-A] surged 33.61% to 31.80 kuna in a turnover of some 12,000 kuna after the company announced on Wednesday that its shareholders would consider a proposal for the sale of part of the company's assets related to spirits production.

The bourse's total trading turnover tell to 5.5 million kuna from some 9 million kuna on Wednesday.

(1 euro = 7.492 kuna)