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

Croatia's Optima Telekom leads blue-chip gainers on ZSE, share indices mixed

Croatia's Optima Telekom leads blue-chip gainers on ZSE, share indices mixed Author: Zagreb bourse. License: All rights reserved.

ZAGREB (Croatia), February 18 (SeeNews) - The share indices of the Zagreb Stock Exchange (ZSE) closed mixed on Tuesday, as Optima Telekom [ZSE:OPTE] led the blue-chip gainers after reporting a surge in profit, ZSE data showed.

The telecommunication services provider said on Monday its consolidated net profit jumped to 12.5 million kuna last year from 3.3 million kuna in 2018.

Optima's shares closed 1.91% higher at 8 kuna on Tuesday.

Shipbuilding company Viktor Lenac [ZSE:VLEN] paced the blue-chip losers on Tuesday, after rising most on Monday. Viktor Lenac's shares fell 4.82% to 7.90 kuna.

Hrvatski Telekom [ZSE:HT] recorded the highest turnover among the blue chips for a fifth straight day on Tuesday, of 10 million kuna, including a block transaction of 7.2 million kuna. The company's shares fell 1.91% to 180 kuna after it said on Tuesday its consolidated net profit dropped to 743 million kuna in 2019 from 1.04 billion kuna in 2018..

Trading in HT's shares contributed a turnover of 5.6 million kuna on Wednesday, 4.5 million kuna on Thursday, 2.9 million kuna on Friday and 2.4 million kuna on Monday. 

Tuesday's total trading turnover was boosted by another block deal - in the shares of tourism company Valamar Riviera [ZSE:RIVP] - worth 3.7 million kuna. The company's shares closed 0.27% higher at 37.30 kuna.

On Tuesday, ZSE's total trading turnover more than doubled to 34.6 million kuna ($5.0 million/4.6 million euro) from 15.8 million kuna on Monday. 

The ZSE's 25-share benchmark CROBEX index rose 0.13% to 2,030.31 after losing 0.23% on Monday.

The narrower of ZSE's two blue-chip indices, the CROBEX10, which tracks the leading companies in terms of free float, market capitalisation and liquidity, fell 0.22% to 1,203.71 after decreasing 0.16% on Monday. 

The fixed-income CROBIS index edged up 0.06% to 115.4052.

(1 euro = 7.44229 kuna)