You have 3 free articles left this month. Get your free Basic subscription now and gain instant access to more.

Croatian share indices plunge on bearish market, turnover doubles

Author Annie Tsoneva
Croatian share indices plunge on bearish market, turnover doubles Photo: Ljubljana Stock Exchange / All rights reserved.

ZAGREB (Croatia), June 17 (SeeNews) - The main equity indices of the Zagreb Stock Exchange (ZSE) dropped by more than 1.30% each on a bearish market on Friday, extending their losing streak for a fifth straight trading session, bourse data showed.

The bourse's total trading turnover reached 8.9 million kuna ($1.24 million/1.18 million euro) on Friday from to 4.4 million kuna on Wednesday. On Thursday the bourse was closed for Corpus Christi, a public and market holiday.

The 23-share blue-chip index, the CROBEX, lost 1.67% to finish at 2,003.67 points on Friday. The narrower CROBEX10 which tracks the top ten companies in terms of free float, market capitalisation and liquidity, fell 1.38% to end at 1,189.98 points.

Shipping company Atlantska Plovidba [ZSE:ATPL] was the most traded company with a turnover of 2.4 million kuna. Its share price dropped 3.33% to end at at 466 kuna.

Shares of ICT solutions provider Ericsson Nikola Tesla [ZSE:ERNT] lost 2.67% to finish at 1,820 kuna in a turnover of 1.1 million kuna.

Index heavyweight Hrvatski Telekom [ZSE:HT] fell 0.86% to 173.50 kuna in a turnover of 1.0 million kuna.

Only three shares ended higher on Friday: constriction company Tehnika [ZSE:THNK] surged 29.51%, oil and gas company INA [ZSE:INA] gained 1.16% and ordinary shares of diversified holding Adris [ZSE:ADRS] appreciated 0.91% in lower turnovers.

(1 euro = 7.518 Croatian kuna)

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

View our Newsletters

 
Compare