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Hrvatski Telekom, Podravka, Koncar boost Croatian equity indices

Mar 13, 2024, 6:25:26 PMArticle by Annie Tsoneva
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March 13 (SeeNews) - The main equity indices of the Zagreb Stock Exchange rose on Wednesday, for a third day in a row, thanks to gains in index heavyweights Hrvatski Telekom [ZSE:HT], Podravka [ZSE:PODR], and Koncar [ZSE:KOEI], bourse data showed.

Hrvatski Telekom, Podravka, Koncar boost Croatian equity indices
Source: Podravka

The 20-share benchmark CROBEX advanced 0.69% to 2,804.03 points.

The narrower equity index CROBEX10, which tracks the top ten issuers in terms of free float, market capitalisation and liquidity, gained 1.31% to close at 1,685.39 points.

Hrvatski Telekom was the most traded company with a turnover of 370,200 euro ($405,200), as its shares surged 2.42% to 29.60 euro.

Shares of Hrvatska Postanska Banka [ZSE:HPB] fell 0.86% to 230 euro in a turnover of 259,300 euro.

Blue-chip shares of hotel owner and manager Valamar Riviera [ZSE: RIVP] rose 0.83% to 4.88 euro in a turnover of 149,000 euro.

Shares of Podravka went up 2.28% to 157 euro in a turnover of 115,000 euro.

Koncar Elektroindustrija soared 2.27% to 270 euro in a turnover of 109,000 euro.

The regular turnover fell to 1.7 million euro from 3.9 million euro on Tuesday, amidst lower trading with government bonds.

($ = 0.914 euro)

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