February 24 (SeeNews) - The main equity indices of the Zagreb Stock Exchange (ZSE) ended higher on Friday as the overall turnover more than doubled, bourse data showed.
The 18-share CROBEX rose 1.05% to end at 2,200.65 points, its highest level in a year, thanks to gains in the country’s top lender, Zagrebacka Banka.
The narrower index CROBEX10, which tracks the top ten issuers in terms of free float, market capitalisation and liquidity, added 0.17% to close at 1,265.55 points.
Zagrebacka Banka was the biggest daily gainer and the most traded company on the bourse. Its shares surged 13.94% to close at 11.85 euro in a turnover of 978,000 euro on the news that on Friday it proposed to its shareholders to distribute a dividend of 0.74 euro per ordinary share from its net profit reported for 2022, as well as a dividend of 0.95 euro per share from its retained profit. Zagrebacka Banka is part of the wider index.
Shares of car parts maker AD Plastik [ZSE:ADPL] fell 1.49% to end at 13.24 euro as it reported on Friday that it closed last year with a consolidated net loss of almost 80 million kuna ($11.2 million/10.6 million euro), compared to a net profit of 32.7 million kuna in 2021, due to the war in Ukraine, reduced car production in Europe and higher costs of energy, materials and labour.
The bourse's total trading turnover reached 2.5 million euro from 993,100 euro on Thursday.
The prices are quoted in both euro and kuna.
($ = 0.943 euro)
Zagrebacka Banka d.d. is among the biggest banks in SEE. You can download our SEE Top 100 ranking here
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