Bulgaria capitals

Sofia stock indices close mixed, Eurohold Bulgaria drags SOFIX down

SOFIA (Bulgaria), Aug 11 (SeeNews) – Bulgarian equity indices (BSE) ended Thursday’s session on mixed results, with blue-chip SOFIX falling 0.39% to 614.74 points on the back of a 4.55% decline in energy and insurance group Eurohold Bulgaria [BUL:EUBG].

As many as 570,236 shares of Eurohold traded at an average price of 2.20 leva per share, making it the most liquid stock in BSE, contributing to a turnover of almost 1 .2 million leva (633,220/613,550 euros).

The loss of Eurohold, coupled with a 3.13% drop in Industrial Capital Holding [BUL:HIKA] at 3.10 levs, also led to a 0.27% drop in the BGBX40 index, which tracks the exchange’s 40 most traded stocks, to 142.07 points.

In contrast, the BGTR30 index, in which companies with a free float of at least 10% are equally weighted, ended in green territory, up 0.07% to 740.02 points. It was helped by a 2.91% rise in Allterco [BUL:A4L] at 19.45 levs in a trading volume of 4,373.

The BGREIT index, which tracks seven real estate investment trusts, also rose 0.06% to 185.29 points on Wednesday, led by a 0.34% rise in Advance Terrafund REIT. [ BUL:ATER] at 2.99 levs as 60,950 shares were traded.

Total turnover in the main BSE market stood at some 2.21 million levs on Thursday, compared to 2.12 million levs on Wednesday.

(1 euro = 1.95583 levs)