Djuro Djakovic leads blue-chip losers in Zagreb, share indices fall

Djuro Djakovic's shares closed at 5.20 kuna, down 4.41%.

On Friday, Djuro Djakovic said its bank account has been unblocked. The bank accounts of the group and two of its four affiliated companies - Djuro Djakovic Special Vehicles and Djuro Djakovic Industrial Solutions, were blocked on October 30, shortly after the group revealed it has been in talks with creditors in an attempt to resolve a liquidity crisis which has left it short of funds to pay out September salaries.

Shipping company Atlantska Plovidba [ZSE:ATPL] led the blue-chip gainers on Monday, as its shares closed 4.31% higher at 411 kuna. On Friday, Atlantska Plovidba generated the highest turnover among the blue-chip companies - 1.5 million kuna.

Diversified holding Adris Grupa [ZSE:ADRS] generated the highest turnover among the blue chips, of 904,043 kuna, on the back of trading in the company's preferred shares which closed flat at 497 kuna. The company's ordinary shares did not trade on Monday.

The ZSE's total trading turnover dropped sharply to 5.6 million kuna ($830,611/752,805 euro), from 13.2 million kuna on Friday.

The 25-share benchmark CROBEX index fell by 0.20% to 1,972.14 after growing 0.05% in the previous trading day.

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, dropped 0.52% to 1,169.64 after edging down 0.02% on Friday.

The fixed-income CROBIS index added 0.20% to 116.8539.

(1 euro = 7.43329 kuna)