Croatian Share Indices Rally, Turnover Slips

The 24-share benchmark CROBEX index rose 1.27% to 2,051.87 points after falling 0.14% on Friday. The 20-share CROEMI index, calculated by Raiffeisenbank Austria, closed up 1.24 % at 1,837.33 points.

The narrowest index, CROX, which tracks the 12 most traded stocks on the ZSE and is calculated by the Vienna bourse, added 1.29% in euro terms to 1,227.69 points.

The Zagreb bourse launched on Monday its new blue-chip index, CROBEX10, that tracks the 10 leading companies in terms of free-float market capitalisation and liquidity. CROBEX10 closed at 1,071.23 points on Monday, up 1.24% from its base value.

The shares of blue-chip civil engineering company Ingra d.d. rose 9.79% to 47.9 kuna ($9.37/6.53 euro) in the day's highest turnover of some 4.05 million kuna.

Total turnover in floor trading fell to 25.31 million kuna from 37.34 million kuna last Friday.

The fixed-income CROBIS index closed flat at 86.46 points.

(1 euro=7.3452 Croatian kuna)