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ZSE indexes rise for four days in row, INA stock with biggest turnover

ZAGREB, Dec 31 (Hina) - The turnover on the last working day in 2010 on the Zagreb Stock Exchange (ZSE) totalled HRK 38.5 million with the INA stock generating HRK 18.2 million out of a total of HRK 30.9 million in regular trading.

On Friday, both indexes saw a rise for the fourth consecutive day: the Crobex index rose by 0.47 percent to 2,110.93 points and the specialised Crobex10 index by 0.63 percent to 1,154.30 points.

The Crobex went up 5.33 percent and the Crobex10 by 9.46 percent on the year.

Today, a total of 6,052 INA shares changed hands and their price went up by 2.21 percent to close the day at HRK 3,188.99.

Since 14 December when the trading suspension, imposed after MOL gave an offer to small share-holders in this Croatian oil and gas group, was lifted, INA has turned over HRK 1.47 billion and a total of INA 364,371 shares have changed hands.

According to figures released by the Central Depository and Clearing Company (SKDD) on 30 December, the AZ mandatory pension fund holds 148,531 shares in INA or 1.49 percent of the entire stock, which is why it is the third largest stock-holder. INA's stock capital is divided into 10 million shares. MOL holds 4,715,538 shares (47.16 percent) and the Croatian government 4,483,552 shares (44.84 percent).

The Raiffeisen mandatory pension fund, with 80,000 shares (0.80 percent), is the fourth largest share-holder, the PBZ Croatia Osiguranje mandatory pension fund follows with 49,812 shares or 0.50 percent, and the Erste Plavi mandatory pension fund ranks sixth with 45,872 shares (0.46 percent) in INA. These four funds have thus, an interest of 3.25 percent in INA on the aggregate.

On Friday, stocks of another three companies -- the HT telecommunications company, the Jadranski Naftovod oil pipeline operator and the Ledo food procuder -- generated turnovers exceeding one million kuna.

The price of the HT shares went down by 0.44 percent to HRK 288.71, making a turnover of HRK 3.6 million.

(EUR 1 > HRK 7.384297)

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