Croatia’s share indices end higher, Lenac, IGH shine

The 20-share benchmark CROBEX rose 0.49% to close at 2,411.49 points.

The narrower equity index CROBEX10, which tracks the top ten issuers in terms of free float, market capitalisation and liquidity, climbed 0.73% to end at 1,472.46 points.

In regular trading, food and pharmaceuticals producer Podravka [ZSE:PODR] was the most traded company with a turnover of 342,400 euro ($372,200) as its shares appreciated 1.71% to 148.50 euro.

Shares of lender Zagrebacka Banka [ZSE:ZABA] declined 0.40% to 12.55 euro in a turnover of 122,400 euro.

Shares of software developer Span [ZSE:SPAN] soared 3.83% to 48.80 euro in a turnover of 105,000 euro.

The biggest daily gainers were shares of shipyard Viktor Lenac [ZSE:VLEN] and civil engineering company Institut IGH [ZSE:IGH], which rose 5.81% and 4.97% respectively. Institut IGH announced earlier on Tuesday that it has signed a $6.077 million deal to provide supervisory services for a road construction project in Armenia.

Viktor Lenac and Zagrebacka Banka are part of the broader equity index, while Institut IGH is not member of the two main equity indices.

The total on-exchange turnover reached 2.7 million euro from 2.3 million euro on Monday boosted by an 1.6 million euro block deal with shares of diversified holding company Adris [ZSE:ADRS2].

($ = 0.919 euro)