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Gains in Ericsson Nikola Tesla, Atlantska Plovidba lift Croatian equity indices

Author Annie Tsoneva
Gains in Ericsson Nikola Tesla, Atlantska Plovidba lift Croatian equity indices Ericsson Nikola Tesla

ZAGREB (Croatia), September 22 (SeeNews) - The main equity indices of the Zagreb Stock Exchange (ZSE) went up on Wednesday for a second straight session, on the back of gains in ICT solutions provider Ericsson Nikola Tesla [ZSE:ERNT] and shipping company Atlantska Plovidba [ZSE:ATPL], bourse data showed.

The ZSE's blue-chip 21-share benchmark CROBEX advanced 0.61% to end at 1,957.41 points.

The narrower of the ZSE's two blue-chip indices, the CROBEX10, which tracks the top 10 companies from Crobex in terms of free float, market capitalisation and liquidity, added 0.50% to finish at 1,197.82 points.

Ericsson Nikola Tesla's shares rose 1.19% to end at 1,700 kuna in a turnover of 1.1 million kuna. It was the single stock with a turnover above the one million kuna level on Wednesday.

Food producer Cakovecki Mlinovi [ZSE:CKML] was the second most traded share with a turnover of 772,650 kuna as 101 shares changed hands. Its shares ended unchanged from the previous closing price, at 7,650 kuna.

Atlantska Plovidba's shares increased 2.31% to 487 kuna in a turnover of 516,000 kuna following news that it will order the construction of two bulk carriers and two optional ones of 82,000 DWT. The overall value of the investment is some $137 million (117 million euro). The delivery of all ships is envisaged during 2023.

The ZSE's turnover fell to 6.5 million kuna from 23.8 million kuna on Tuesday.

(1 euro=7.497 kuna)