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

Viktor Lenac leads blue-chip losers in Zagreb, share indices fall

Viktor Lenac leads blue-chip losers in Zagreb, share indices fall Zagreb Stock Exchange (ZSE)

ZAGREB (Croatia), February 27 (SeeNews) - The share indices of the Zagreb Stock Exchange (ZSE) fell on Friday, as shipbuilding company Viktor Lenac [ZSE:VLEN] led the blue-chip losers, after gaining the most in the previous trading session, ZSE data showed.

Viktor Lenac's share price dropped by 9.64% to 7.50 kuna.

The company said on Wednesday it swung to a non-consolidated net profit of 20.2 million kuna in 2019, from a loss of 21 million kuna a year earlier.

Electrical equipment manufacturer Koncar Elektroindustrija [ZSE:KOEI] paced the blue-chip gainers, as its share price rose 0.85% to 595 kuna.

Hrvatski Telekom [ZSE:HT] recorded the highest turnover among the blue chips on Friday for a fourth straight trading day - of 13.2 million kuna, including a block transaction of 3.1 million kuna. The company's shares closed 2.82% lower at 172 kuna. 

Trading in HT shares contributed 9.3 million kuna to the ZSE's total turnover on Tuesday, followed by 5 million kuna in turnover on Wednesday and 3.7 million kuna on Thursday.

On Friday, ZSE's total trading turnover jumped to 46.8 million kuna ($6.9 million/6.3 million euro) from 28.9 million kuna on Thursday. 

The ZSE's 25-share benchmark CROBEX index fell by 1.95% to 1,863.40 after losing 1% on Thursday.

The narrower of ZSE's two blue-chip indices, the CROBEX10, which tracks the leading companies in terms of free float, market capitalisation and liquidity, shed 2.06% to 1,118.14 after dropping 0.53% on Thursday. 

The fixed-income CROBIS index fell 0.22% to 114.9918.

(1 euro = 7.46977 kuna)