Croatian stock indices closed mixed before Christmas
ZAGREB (Croatia), Dec. 23 (SeeNews) – The main stock indexes of the Zagreb Stock Exchange (ZSE) ended in a mixed bag on Thursday, the last trading day before Christmas, amid gains from ICT solutions provider Ericsson Nikola Tesla [ZSE:ERNT] and OT-Optima Telekom [ZSE:OPTE], and the losses of Hrvatski Telecom [ZSE:HT] and hotelier Valamar [ZSE:RIVP], the stock market data showed.
The benchmark CROBEX 21-stock ZSE index closed at 2,042.76 points, up 0.05%.
The narrower of the ZSE’s two blue chip indices, CROBEX10, which tracks the top ten companies in terms of free float, market capitalization and liquidity, fell 0.37% to end at 1,245.34 points.
Ericsson Nikola Tesla was the most traded stock on Thursday, posting sales of 2.3 million kuna ($ 346,000 / â¬ 306,000). Its share price rose 1.40% to close at 1,815 kuna following the announcement on Wednesday that it has signed several agreements for the expansion of mobile networks in Croatia, Kosovo and Belarus for a total value. of 38 million kuna.
Second in terms of daily turnover ranked lender Hrvatska Postanska Banka [ZSE:HPB]. Its share price jumped 3.91% to end at 665 kuna with sales of 2.2 million kuna.
Shares of blue chips and index heavyweight Hrvatski Telekom plunged 0.27% to end at 183.50 kuna on sales of 688,000 kuna.
Pay-TV and fixed Internet service provider OT-Optima Telekom gained 1.59% to end at 5.10 kuna for revenue of 652,000 kuna following the announcement by the Croatian body of Competition watch approved Thursday of its acquisition by Dutch multi-play and media provider United Group. operating in Croatia under the Telemach brand.
Shares of the mechanical engineering company Djuro Djakovic [ZSE:DDJH] fell 39.50% to end at 2.42 kuna on turnover of 567,000 kuna after the European Commission announced that it had approved Croatia’s plan to give the company aid restructuring in the amount of Kuna 430.6 million.
Valamar Rviera shares fell 0.93% to end at 31.90 kuna in turnover of 127,000 kuna after the company announced that it had launched a 525 million kuna investment program with partners this fall aiming to improve the quality of hotels, resorts and campsites under his leadership, and promote green tourism and digitization.
ZSE’s revenue totaled 8.6 million kuna on Thursday, little change from 8.7 million kuna on Wednesday.
The Zagreb Stock Exchange will be closed for Christmas Eve on Friday.
(1 euro = 7.516 Croatian kuna)
Hrvatska Postanska Banka dd is one of the largest banks in South East Europe. For more references, take a look at the Top 100 Banks