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Optima Telekom leads blue-chip losers in Zagreb, share indices drop

Optima Telekom leads blue-chip losers in Zagreb, share indices drop Zagreb Stock Exchange (ZSE)

ZAGREB (Croatia), September 13 (SeeNews) - The blue-chip indices of the Zagreb Stock Exchange (ZSE) fell on Friday, dragged down by a fall in the share price of telecommunication services provider Optima Telekom [ZSE:OPTE], bourse data showed.

Optima Telekom led the blue-chip losers on the ZSE, as its shares closed 3.25% lower at 5.95 kuna.

Shipping company Atlantska Plovidba [ZSE:ATPL] led the blue-chip gainers with shares closing 1.34% higher at 453 kuna.

Tourism company Valamar Riviera [ZSE:RIVP] contributed the highest portion of trading turnover among the blue chips on Friday, of 680,008 kuna. The company's shares closed 0.54% lower at 36.60 kuna.

Confectionery producer Kras [ZSE:KRAS] generated a trading turnover of 10.1 million kuna, as its share price rose by 3.45% to 600 kuna. On Thursday, its shares leapt by 13.73% to 580 kuna.

On Monday, Croatian meat producer Braca Pivac said it plans to launch a joint buyout bid with local trading company Kras-ESOP for the remaining stake of 50.82% in Kras the two firms do not own yet. 

ZSE's total trading turnover dropped to 14.5 million kuna ($2.2 million/2.0 million euro) on Friday, from 25 million kuna on Thursday.

The 25-share benchmark CROBEX index fell by 0.43% to 1,883.68 after growing 0.62% in the previous trading session.

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, decreased by 0.39% to 1,097.53 after increasing by 0.47% on Thursday.

The fixed-income CROBIS index lost 0.01% to 116.9894.

(1 euro = 7.38970 kuna)