Sofia stock exchange blue chip index rises, shares of Industrial Holding Bulgaria rebound
SOFIA (Bulgaria), Oct. 5 (SeeNews) – The leading SOFIX index of the Bulgarian Stock Exchange (BSE) closed up 0.50% to 573.55 points on Tuesday, supported by a rise of 5.35% shares of the diversified group Industrial Holding Bulgaria [BUL:IHB].
Industrial Holding Bulgaria shares fell 6.50% on Monday, making the company the declining leader among blue chips.
No less than 3,350 shares of Industrial Holding Bulgaria traded at an average price of 1.9570 lev on the ESB floor on Tuesday.
Medicines manufacturer Sopharma [BUL:SFA] was another notable gain at the end of the trading session, with its shares adding 3.17% to their price.
The BGBX40 index, which tracks the 40 most traded stocks on the BSE, rose 0.02% to 132.69 points, while the BGTR30 in which companies with a free float of at least 10% have a equal weight, increased 0.16% to 648.04 points. . Both indices were mainly supported by the gain in shares of Industrial Holding Bulgaria.
The BGREIT index, which tracks seven property investment funds, lost 0.53% to 160.90 points, mainly dragged down by a 12.09% drop in the share price of Intercapital Property Development REIT [BUL:ICPD].
Turnover in the main BSE market fell on Tuesday to 1.5 million levs (888,800/766,900 euros) from 3.7 million on Monday.
The most traded company on Tuesday was Doverie United Holding [BUL:DUH]. No less than 52,879 shares of the holding company changed hands, down 3.20% at an average price of 7.3444 levs, contributing 388,400 levs to daily turnover.
(1 euro = 1.95583 levs)