Podravka, Valamar push lower Croatia's main equity indices

The 19-share CROBEX edged 0.05% to finish at 1,907.00 points.

The narrower index CROBEX10, which tracks the top ten companies in terms of free float, market capitalisation and liquidity, lost 0.28% to close at 1,129.16 points.

Food and pharmaceuticals company Podravka [ZSE:PODR] was the most traded company on the bourse with a turnover of 877,000 kuna ($121,000/116,000 euro), as its shares dropped 0.94% to close at 634 kuna.

Second by turnover with 599,000 kuna ranked exchange traded fund InterCapital SBITOP TR UCITS [ZSE:7SLO], which is not part of the main indices. Its shares rose 1.44% to end at 140.80 kuna.

Shares of hotel owner and operator Valamar Riviera [ZSE:RIVP] declined 0.35% to 28.40 kuna in a turnover of 430,000 kuna.

The bourse's regular trading turnover plunged to 3.5 million kuna from 6.5 million kuna on Monday but the overall turnover rose thanks to a 17.7 million kuna block deal with shares of Zagrebacka banka [ZSE:ZABA].

(1 euro = 7.547 Croatian kuna)