TURNOVER OF CROATIAN STOCKS IN DECEMBER

ZAGREB, Jan 11 (Hina) - Croatia's leading stocks, Pliva and Zagrebacka banka, have a good rating among analysts, read a publication issued by Zagreb Stock Exchange brokers called Newsletter. Newsletter stressed that Pliva stocks were underestimated. A new acquisition, Dominion Pharma Limited, and US$28.4 million agreement with the Zagrebacka bank on the sale of a bank's share in Pliva(2.5 percent) did not have an impact on the price of the stocks. The last price amounted to 480 kuna (D124.031), which represents a two percent decrease in relation to the month before. The price of Podravka stocks dropped by 0.7 percent to 154.99 kuna (DM40.05), while heavy demand continued in the December as well. After a pause of several months the Varazdinska banka stocks were traded. In two transactions of a total of 65 million kuna (DM16.8 million), 15.6 percent of the socks were bought and sold for a price of 231.5 kuna (DM59.8), namely 221 kuna (DM57.1). The majority owner of the Varazdinska bank is the Zagrebacka bank. The Rijecka bank stock realised a turnover of six million kuna (DM1.55 million). The price of the Rijecka bank stock increased by four percent to 129.98 kuna (DM33.54). Over a million kuna worth turnovers were realised by the sale of Riviera holding, Kras, the Splitska and Bjelovaska banks, Plava Laguna and Hrvatska stambena stedionica stocks. (hina) it