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Zagreb bourse's main share indices rebound

Author Annie Tsoneva
Zagreb bourse's main share indices rebound Podravka

ZAGREB (Croatia), January 25 (SeeNews) - The main equity indices of the Zagreb Stock Exchange rebounded on Tuesday, after falling in the previous three trading sessions, bourse data showed.

The 21-share blue-chip CROBEX index gained 0.62% to finish at 2,122.86, partly recovering from its 2.54% drop on Monday. The index reached an almost five-year high last Wednesday.

The narrower CROBEX10 index which tracks the top ten companies in terms of free float, market capitalisation and liquidity, went up 0.42% to end at 1,293.82 points.

Blue-chip Hrvatski Telekom [ZSE:HT] was the most traded stock on Tuesday with a turnover of 1.5 million kuna ($225,000/199,000 euro), as its share price declined 0.27% to 183.50 kuna.

Hotel operator Valamar Riviera [ZSE:RIVP] contributed the second largest turnover for the day, of 1.2 million kuna. The company's share price fell 0.89% to end at 33.50 kuna.

Shares of the manufacturer of plastic products for the automotive industry AD Plastik [ZSE:ADPL] advanced 0.31% to end at 162 kuna in a turnover of 1.1 million kuna following the company's announcement earlier on Tuesday that it signed new contracts in Russia with the VW group and Renault-Nissan-AvtoVAZ Alliance worth a total of 18.1 million euro ($20.4 million).

Shares of food and pharmaceuticals producer Podravka [ZSE:PODR] appreciated 2.11% to 678 kuna in a turnover of 869,000 kuna.

In lower turnovers, shares of lenders Hrvatska Postanka Banka [ZSE:HPB] and Zagrebacka Banka [ZSE:ZABA] added 4.73% and 2.15%, respectively.

ZSE's total turnover fell to 11.3 million kuna from 19.6 million kuna on Monday.

(1 euro = 7.530 Croatian kuna)

Zagrebacka Banka d.d. is among the biggest banks in SEE, for more reference take a look at Top 100 banks
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