You have 3 free articles left this month. Get your free Basic subscription now and gain instant access to more.

Zagreb bourse main index falls, Atlantska Plovidba, Viktor Lenac surge

Author Annie Tsoneva
Zagreb bourse main index falls, Atlantska Plovidba, Viktor Lenac surge Atlantska Plovidba's bulk carrier Ston. Photo by Atlantska Plovidba.

ZAGREB (Croatia), May 4 (SeeNews) - The main equity index of the Zagreb Stock Exchange (ZSE), the CROBEX, extended its losing streak on Wednesday as strong gains in shipping company Atlantska Plovidba [ZSE:ATPL] and shipyard Brodogradiliste Viktor Lenac [ZSE:VLEN] failed to offset losses in heavyweights Hrvatski Telekom [ZSE:HT], food and pharmaceuticals producer Podravka [ZSE:PODR] and consumer goods distributor Atlantic Grupa [ZSE:ATGR], bourse data showed.

The 23-share blue-chip index, the CROBEX, finished at 2,113.55 points, down 0.41%, its third loss in a row.

The narrower CROBEX10 which tracks the top ten companies in terms of free float, market capitalisation and liquidity, fell 0.83% to end at 1,260.17 points.

Atlantska Plovidba was the most traded share with a turnover of 3.4 million kuna ($477,000/450,000 euro). Its share price jumped 5.22% to end at 564 kuna.

Hotel owner and operator Valamar Riviera [ZSE:RIVP] added 0.58% to end at 34.70 kuna in a turnover of 2.5 million kuna.

Shares of Hrvatski Telekom dropped 4.18% to end at 183.50 kuna in a turnover of 1.2 million kuna.

In lower turnovers, shares of software developer Span [ZSE:SPAN] lost 1.61%, Atlantic Grupa fell 0.63%, car parts maker AD Plastik [ZSE:ADPL] shed 2.04% and Podravka declined 0.99%.

Shares of Viktor Lenac appreciated 9.79% to 15.70 kuna in a turnover of 555,000 kuna, building further on its gains from the previous two days. Late on Friday, the company announced that its net profit soared to 26.2 million kuna in the first quarter of 2022, from 2.8 million kuna in the same period of last year.

The ZSE's total trading turnover reached 12.3 million kuna from 8.7 million kuna on Tuesday.

(1 euro = 7.550 Croatian kuna)

Hrvatski Telekom d.d. is among the biggest companies in SEE, for more reference take a look at Top 100 companies
Share this story
SeeNews in Brief

View our Newsletters