Croatia's main share indices end lower, turnover plunges

ZAGREB (Croatia), September 18 (SeeNews) - After reaching record highs in the previous trading session, the main equity indices of the Zagreb Stock Exchange (ZSE) on Monday dropped amidst losses in most of the blue chips and a plunge of turnover, bourse data showed.

The broader equity index CROBEX shed 1.33% to end at 2,457.75 points. The CROBEX has 20 constituents, instead of 15, following a regular semi-annual revision carried out after the end of the trading last week.

The CROBEX10, which tracks the top ten issuers in terms of free float, market capitalisation and liquidity, closed at 1,488.20 points, 1.68% lower than its all-time high registered on Friday.

The total on-exchange turnover fell to 1.5 million euro ($1.6 million) from 5.9 million euro on Friday.

A block deal of 478,000 euro with shares of Hrvatska Postanska Banka [ZSE:HPB] comprised the largest part of the bourse's turnover on Monday.

In regular trading, ordinary shares of electrical equipment manufacturer Koncar Elektroindustrija [ZSE:KOEI] were the most traded stock with a turnover of 325,000 euro as their price went down 2.60% to 187 euro.

Shares of food and pharmaceuticals producer Podravka [ZSE:PODR] and software company Span [ZSE:SPAN] ended flat, at 140 euro and 52.60 euro, in a turnover of 176,000 euro and 92,000 respectively.

In lower turnovers, ICT solutions provider Ericsson Nikola Tesla [ZSE:ERNT] declined 1.44%, consumer goods distributor Atlantic Grupa [ZSE:ATGR] fell 5.08%, hotel operator Valamar Riviera [ZSE:RIVP] lost 0.70%, preferred shares of diversified holding Adris [ZSE:ADRS2] depreciated 2.0% and shares of Hrvatski Telekom [ZSE:HT] dropped 1.48%.

($ = 0.938 euro)