Fibank tops prime decliners on Sofia Stock Exchange, all indices fall

SOFIA (Bulgaria), July 7 (SeeNews) – The four main stock indices of the Bulgarian Stock Exchange (BSE) closed in negative territory on Thursday, mainly dragged down by a fall in First Investment Bank, or Fibank, [BUL:FIB] and Industrial Capital Holding [BUL:HIKA]stock market data showed.

The blue-chip SOFIX index lost 0.22% to 610.96 points, negatively impacted by a 2.55% drop in Fibank shares at 1.91 levs.

The BGTR30 index, in which companies with a free float of at least 10% are equally weighted, fell 0.24% to 737.68 points, weighed down by the drop in Fibank as well as a loss of 5, 00% in Stara Planina Hold [BUL:SPH] at 9.50 levs.

Industrial Capital Holding’s 8.19% drop hurt the broader BGBX40 index, which tracks the 40 most-traded stocks on BSE and saw the biggest drop on Thursday, 0.63% to 142.82 points. The stake closed at 3.20 levs after 3,200 shares changed hands at an average price of 3.19 levs.

The BGREIT index, which tracks seven real estate investment trusts, shed 0.17% to 183.16 points, due to a 0.86% decline in the share price of Bulgarian Real Estate Fund REIT [BUL:BREF] at 2.30 levs in a trading volume of 3,678.

Total turnover on the main market of the Sofis exchange jumped to around 2.6 million levs ($1.34 million/1.32 million euros) on Thursday, from 931,829 levs on Wednesday.

Agria Holding Group [BUL:AGH] was the most liquid stock, being the only company to generate six-figure revenue. The agribusiness and oilseeds trading firm ended the trading session down 1.67% at 29.40 levs after generating 102,253 levs in revenue with 3,478 shares bought and sold.

(1 euro = 1.95583 levs)

First Investment Bank AD is one of the largest banks in SEE, for more reference take a look at the top 100 banks

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