Sofia stock exchange blue chip index climbs, Industrial Holding Bulgaria stock rebounds
SOFIA (Bulgaria), Oct.13 (SeeNews) – The leading SOFIX index of the Bulgarian Stock Exchange (BSE) gained 0.58% to 572.57 points on Wednesday, supported by a 5.21% rise in the price of the action of Industrial Holding Bulgaria [BUL:ÏHB], the stock market data showed.
Industrial Holding Bulgaria shares lost 4% of their price on Tuesday, making the company the first drop among SOFIX members, the BGBX40, which tracks the 40 most traded shares on ESB, and the BGTR30 in which companies with a free float of at least 10% have equal weight.
No less than 20,025 shares of Industrial Holding Bulgaria changed hands at an average price of 2,0179 levs on the Sofia Stock Exchange on Wednesday.
The BGBX40 rose 0.26% to 132.52 points, supported by the gain in Industrial Holding Bulgaria.
The BGTR30 slipped 0.06% to 646.93 points, dragged down by a 3.57% drop in the stock of real estate firm Galata Investment Company [BUL:GTH].
The BGREIT index, which tracks seven real estate investment trusts, was unchanged on Wednesday at 161.39 points.
Total turnover in the main BSE market rose to 1.8 million levs (1.1 million levs / 920,300 euros) on Wednesday from 1.6 million levs on Tuesday.
The most traded company on Wednesday was the port towage service company Port Flot-Burgas [BUL:PFB]. In total, 155,000 shares of the company traded flat at an average price of 4.0,800 levs, contributing 632,400 levs to daily sales.
(1 euro = 1.95583 lev)