April 28 (SeeNews) - The blue-chip indices of the Zagreb Stock Exchange (ZSE) added almost 0.50% each on Thursday, erasing their losses from the previous session, as shares of electrical equipment manufacturer Koncar [ZSE:KOEI] shined, bourse data showed.
The 23-share blue-chip index, the CROBEX, rose 0.47% to end at 2,127.47 points.
The narrower CROBEX10 which tracks the top ten companies in terms of free float, market capitalisation and liquidity, advanced 0.45% to finish at 1,278.98 points.
Hotel owner Plava Laguna [ZSE:PLAG] was the most traded share, contributing 1.8 million kuna ($249,000/238,000 euro) to total turnover. Its price ended unchanged at 1,630 kuna.
Koncar ranked second by turnover with 1.3 million kuna. Its shares rose 3.21% to end at 965 kuna after the company said earlier on Thursday that its consolidated net profit soared to 112 million kuna in the first quarter of this year, from 40.8 million kuna in the same period of 2021.
Hrvatski Telekom [ZSE:HT] was the only other share with a turnover above the one million kuna level on Thursday. It ended flat at 191.50 kuna as investors shrugged off the company's announcement that its consolidated organic net profit rose 237.4% year-on-year to 175 million kuna in the first quarter of 2022, supported by improved operating performance and lower depreciation.
The ZSE's total trading turnover rose to 8.4 million kuna from 6.3 million kuna on Wednesday.
(1 euro = 7.570 Croatian kuna)