You have 10 free articles left this month. Get your freeBasic subscription now and gain instant access to more.

Croatia's AD Plastik leads blue-chip losers on ZSE, share indices fall

Croatia's AD Plastik leads blue-chip losers on ZSE, share indices fall Author: Zagreb bourse. License: All rights reserved.

ZAGREB (Croatia), March 18 (SeeNews) - The share indices of the Zagreb Stock Exchange (ZSE) fell on Wednesday, as manufacturer of plastic products for the automotive industry AD Plastik [ZSE:ADPL] led the blue-chip losers, ZSE data showed.

AD Plastik's shares fell sharply - by 14.83% to 112 kuna on Wednesday. 

Croatia's Atlantic Grupa [ZSE:ATGR] paced the blue-chip gainers on Wednesday, as its share price rose 2.91% to 1,060 kuna.

Arena Hospitality Group [ZSE:ARNT] recorded the highest trading turnover among the blue chips on Wednesday - of 10.8 million kuna, including a block transaction of 9.5 million kuna. Its shares dropped 12.5% to 189 kuna.

The ZSE said last week that Arena Hospitality Group will be excluded from the blue-chip index CROBEX10 as of March 23.

Wednesday's total trading turnover was also boosted by a block transaction in the ordinary shares of Adris Grupa [ADRS], in the amount of 2 million kuna. Adris' ordinary shares closed 1.96% lower at 400 kuna, while its preferred shares lost 0.91% to 327 kuna. Its daily turnover amounted to 4.5 million kuna. 

ZSE's total trading turnover fell to 36 million kuna ($5.1 million/4.7 million euro) on Wednesday, from 54.5 million kuna on Tuesday. 

The ZSE's 25-share benchmark CROBEX index fell by 3.18% to 1,387.90 after adding 1.99% on Tuesday.

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, dropped 2.46% to 848.37 after rising 2.89% on Tuesday. 

The fixed-income CROBIS index lost 0.15% to 111.7123.

(1 euro = 7.60052 kuna)