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Hrvatski Telekom drags down Croatian equity indices

Author Annie Tsoneva
Hrvatski Telekom drags down Croatian equity indices Hrvatski Telekom

ZAGREB (Croatia), September 15 (SeeNews) - Losses in blue-chip Hrvatski Telekom [ZSE:HT] pushed down the main equity indices of the Zagreb Stock Exchange (ZSE) on Wednesday, following a brief rebound on Tuesday, bourse data showed.

The ZSE's blue-chip 18-share benchmark CROBEX dipped 0.12% to 1,969.22 points.

The narrower of the ZSE's two blue-chip indices, the CROBEX10, which tracks the top companies in terms of free float, market capitalisation and liquidity, lost 0.10% to finish at 1,203.32 points.

HT was the most traded stock with a turnover of 1.4 million kuna ($221,000/187,000 euro), as its price fell by 0.26% to 189.50 kuna.

The preferred shares of diversified holding company Adris [ZSE:ADRS2], another blue-chip company, rose by 0.24% to 418 kuna in a turnover of 369,000 kuna.

After the end of the trading session on Wednesday, oil and gas group INA [ZSE:INA] said in a filing to the ZSE that it is considering a domestic bond issue of up to 2.0 billion kuna ($316 million/267 million euro) with a one-off principal maturity of up to 5 years and its listing on the bourse's official market tier.

INA's shares closed at 3,360 kuna on Wednesday, down 0.59%.

The ZSE's turnover fell to 5.6 million kuna from 13.7 million kuna on Tuesday.

(1 euro=7.485 kuna)