March 15 (SeeNews) - The main equity indices of the Zagreb Stock Exchange (ZSE) shed more than 1.7% each on Wednesday reflecting a sharp fall of the main European stock markets triggered by losses in the banking stocks amidst the global Silicon Valley Bank fallout and worries about Credit Suisse, bourse data showed.
The 18-share CROBEX lost 1.76% to end at 2,218.30 points. The narrower index CROBEX10, which tracks the top ten issuers in terms of free float, market capitalisation and liquidity, dropped by 1.73% to finish at 1,267.29 points.
Hrvatski Telekom [ZSE:HT] was the most traded company with a turnover of 177,200 euro ($187,000). Its shares ended 0.78% lower at 25.50 euro.
Software developer SPAN [ZSE:SPAN] ranked second by turnover with some 164,000 euro. Its shares fell 2.58% to close at 49.10 euro. It is part of the wider index, but as of March 20 will be also a member of the narrower blue-chip index.
Among the other 8 most traded companies, six ended lower and two finished unchanged.
The bourse's total trading turnover was 1.4 million euro, unchanged compared to the previous trading session.
($ = 0.947 euro)