ZAGREB, March 18 (Hina) - The news that a Croatian consortium led by the Split-based Kostruktor has landed a contract to build a 188-kilometre highway in Montenegro affected price movements of shares of the IGH company, one of the
members of the consortium, on the Zagreb Stock Exchange on Wednesday, when the IGH stock price climbed 15.74 percent to HRK 2,037 with a turnover of HRK 2.2 million.
ZAGREB, March 18 (Hina) - The news that a Croatian consortium led
by the Split-based Kostruktor has landed a contract to build a 188-kilometre
highway in Montenegro affected price movements of shares of the IGH company,
one of the members of the consortium, on the Zagreb Stock Exchange on
Wednesday, when the IGH stock price climbed 15.74 percent to HRK 2,037 with a
turnover of HRK 2.2 million. The IGH company said in a statement on
that the information about the contract, which was announced by Croatian Prime
Minister Ivo Sanader at a government session earlier today, was the cause for
such price movements and that trading in the IGH stock was also temporarily
suspended when the daily price ceiling was exceeded.
The stock of another member of the consortium, the Tehnika company,
also saw a high rise of 8.30 percent to HRK 1,213 and generated a turnover HRK
427,000 on the ZSE today.