DEM 118 MILLION REALIZED ON ZAGREB STOCK MARKET

ZAGREB, 2 July (Hina) - Transactions of securities on the Zagreb stock market reached the value of DEM 118,83 million in the first half of the year, a report from the Zagreb stock market said. According to the report, DEM 107,2 million have been realized through TEST-1 trade system, while the turnover at auctions of the Croatian Fund for Privatization (HFP) for old foreign exchange savings (swap) reached the value of DEM 8,64 million. Some three million German marks have been realized through the sale of shares and bonds at HFP auctions. #L# In the first half of 1996, 222,838 shares have been traded through TEST-1. Nineteen companies have been sold at HFP swap auctions, while 18 companies have been sold at cash auctions. The highest turnover (77,7 million DEM) in the first half of this year, has been realized through trade with AA series of shares of the pharmaceutical company Pliva. Pliva sold 37,826 shares, and their prices ranged from 500 to 2,699 9 German marks. Podravka (food industry) sold most shares - more than 117,000 at prices ranging from 19 to 76,54 German marks. The shares turnover of Zagrebacka banka (series 1A) exceeded 2,4 million DEM. More than 33,000 shares of Zagrebacka banka have been sold at prices ranging from 38 to 156 German marks. Some 360,000 DEM have been realized through the sale of 1,886 shares of the tourist company Plava laguna. Since the beginning of transactions on the Zagreb stock market, the total turnover of shares exceeded DEM 627 million. (hina) rm jn 021319 MET jul 96