Sofia Stock Exchange indices plunge, Fibank is the only top gainer

SOFIA (Bulgaria), August 25 (SeeNews) – The main indices replicating Bulgarian listed companies all ended lower on Thursday in another session marked by limited turnover.

The blue chip SOFIX index posted the biggest drop, down 1.58% to 607.32 points.

Diversified Group Industrial Holding Bulgaria [BUL:IHB] paced the top-tier decliners, losing 2.86% to 2.04 levs. It was closely followed by the energy and insurance group Eurohold Bulgaria [BUL:EUBG]which fell 2.78% to 2.10 levs.

First Investment Bank, or Fibank, [BUL:FIB] was the only component of the blue chip index to end the trading session higher, adding 1.00% to 2.02 levs in trading volume of 6,000.

The BGBX40, which tracks the 40 most traded stocks on the Sofia stock exchange, fell 1.01% to 141.35 points, further weighed down by a 3.25% decline in hotel operator Albena. [BUL:ALB] at 29.80 levs.

The losses of IHB and Eurohold led to a 0.61% decline in the BGTR30 index, under which companies with a free float of at least 10% are given equal weight, to 735.94 points despite a 2.58% increase in the Bulgarian Stock Exchange. [BUL:BSE] at 9.95 levs.

The BGREIT index, which tracks seven REITs, fell 0.91% to 182.64 points, following a 2.50% loss at Bulgarian Real Estate Fund REIT [BUL:BREF] and a 2.01% drop in Advance TerraFund [BUL:ATER].

Total turnover in the main BSE market rose slightly to 991,230 levs ($506,600/506,810 euros) on Thursday from 615,480 levs on Wednesday.

(1 euro = 1.95583 levs)

First Investment Bank AD is one of the largest banks in SEE, for more reference check out Top 100 Banks

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