Acceleration of inflation rate in China and profit taking steps pushed European equities slightly down on midsession, while euro slightly depreciated toward U.S. dollar. In February, consumer prices rose 2.7% y/y and they reached 16-month high. U.S. futures slightly declined today.
Domestic equity benchmarks also retreated today. CROBEX and CROBEX10 are both down 0.1%, to 2,139.5 pts and 1,146.3 pts respectively. Liquidity decreased significantly, as regular stock turnover amounted to HRK 5.8 m.
Construction sector continued to recover, as Institut IGH (IGHRA ZA) gained 3.7% and Ingra (INGRRA ZA) rose 2.6%.
Telco T-HT (HTRA ZA) topped the liquidity board, collecting 1.0 m in turnover while its price slipped 0.6%.
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