Croatia's blue-chip indices gain ground

ZAGREB (Croatia), March 16 (SeeNews) - The main equity indices of the Zagreb Stock Exchange (ZSE) rebounded on Thursday, after they dropped more than 1.7% each on Wednesday, reflecting a plunge of the main European stock markets, bourse data showed.

The 18-share CROBEX added 0.32% to end at 2,225.44 points. The narrower index CROBEX10, which tracks the top ten issuers in terms of free float, market capitalisation and liquidity, recouped by 0.13% to finish at 1,268.93 points.

Food and pharmaceuticals producer Podravka [ZSE:PODR] was the most traded company with a turnover of 146,400 euro ($155,300). Its shares declined 0.89% to end at 89.20 euro.

Port operator Luka Rijeka [ZSE:LKRI] shed 4.21% to end at 9.10 euro on the news that newly-established company Port Acquisitions, fully owned by Czech industrial group CE Industries, has become obliged to announce a takeover bid for the 65.58% interest it does not already own in it. It is not part of the main equity indices.

The bourse's total trading turnover was 1.1 million euro, down from 1.4 million euro on Wednesday.

($ = 0.942 euro)

Feature Image: Podravka

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