You have 10 free articles left this month. Get your freeBasic subscription now and gain instant access to more.

Hrvatski Telekom leads blue-chip gainers in Zagreb, share indices rise

Hrvatski Telekom leads blue-chip gainers in Zagreb, share indices rise Author: Zagreb bourse. License: All rights reserved.

ZAGREB (Croatia), March 17 (SeeNews) - The share indices of the Zagreb Stock Exchange (ZSE) rose on Tuesday, as telecommunications services provider Hrvatski Telekom [ZSE:HT-R-A] led the blue-chip gainers, ZSE data showed.

Hrvatski Telekom's shares rose by 7.56% to 156.50 kuna on Tuesday. 

Diversified holding company Djuro Djakovic [ZSE:DDJH] paced the blue-chip losers on Tuesday, after being the only blue-chip company to rise on Monday, as its share price declined 5.08% to 2.80 kuna.

Hotel operator Valamar Riviera [ZSE:RIVP] recorded the highest turnover among the blue chips on Tuesday, for a second straight trading day - of 8.4 million kuna, including a block transaction of 2.8 million kuna. Valamar Riviera's shares added 1.4% to 21.80 kuna.

Tuesday's total trading turnover was also boosted by a block transaction in the shares of another hotel operator Turisthotel [ZSE:TUHO], in the amount of 27.1 million kuna. Its shares did not trade outside the block deal. 

ZSE's total trading turnover rose to 54.5 million kuna ($7.9 million/7.2 million euro) on Tuesday, from 45.9 million kuna on Monday. 

The ZSE's 25-share benchmark CROBEX index rose by 1.99% to 1,433.51 after falling 7.05% on Monday.

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, gained 2.89% to 869.79 after dropping 6.30% on Monday. 

The fixed-income CROBIS index lost 0.12% to 111.8756.

(1 euro = 7.58082 kuna)