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Croatia's Viktor Lenac leads blue-chip gainers in Zagreb, share indices rise

Croatia's Viktor Lenac leads blue-chip gainers in Zagreb, share indices rise Zagreb Stock Exchange (ZSE)

ZAGREB (Croatia), October 18 (SeeNews) - The share indices of the Zagreb Stock Exchange (ZSE) rose on Friday, as shipbuilding company Viktor Lenac [ZSE:VLEN] led the blue-chip gainers, bourse data showed.

Viktor Lenac closed 8.84% higher at 8 kuna on Friday.

Diversified holding Djuro Djakovic [ZSE:DDJH] paced the blue-chip losers, closing at 6 kuna, down 4.46%.

Croatia's Adris Grupa [ZSE:ADRS] contributed the biggest portion of trading turnover among the blue-chip companies on Friday, of 1.6 million kuna, on the back of trading in its preferred shares, of 1.5 million kuna. The company's preferred shares closed flat at 500 kuna, while its ordinary shares closed up 0.86% at 585 kuna.

Confectionery producer Kras, which has been boosting ZSE's turnover over the past weeks, closed flat at 1,050 kuna in deals worth 1.4 million kuna in total.

Trade in Kras soared following last month's announcement of a planned buyout bid by its largest single shareholder, meat producer Braca Pivac. Prior to the announcement, Kras traded at below 400 kuna.

The ZSE's total trading turnover fell to 8.6 million kuna ($1.3 million/1.2 million euro), from 15 million kuna on Thursday.

The ZSE's 25-share benchmark CROBEX index advanced 0.09% to 2,013.05 after growing 0.68% in the previous trading session.

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, increased 0.22% to 1,191.98 after rising 0.70% on Thursday.

The fixed-income CROBIS index added 0.02% to 116.7715.

(1 euro = 7.43973 kuna)