Sofia Stock Exchange’s blue-chip index climbs, Sopharma tops winners

SOFIA (Bulgaria), January 28 (SeeNews) – The leading Bulgarian Stock Exchange (BSE) SOFIX index ended the week up 0.45% at 614.44 points, positively influenced by a rise of 2, 25% of the share price of drugmaker Sopharma [BUL:SFA]stock market data showed Friday.

No less than 300 shares of Sopharma traded at an average price of 4.5133 levs on the floor of the Sofia Stock Exchange on Friday.

The BGBX40 index, which tracks the 40 most traded stocks on the Sofia stock exchange, added 0.48% to 140.22 points, while the BGTR30 index, in which companies with a free float of at least 10 % are of equal weight, increased by 0.90% to 689.95. points. Both indexes were mainly supported by an 11.52% rise in shares of fertilizer maker Neochim [BUL:NEOH]which followed a 44.74% gain in the previous trading session.

On Thursday, Neochim said it recorded an unconsolidated net profit of 51.5 million levs ($29.4 million / 26.3 million euros) in 2021, compared to a profit of 15.1 million levs recorded in 2020, with revenue increasing from 229.4 million levs to 357.2 million levs.

The BGREIT index, which tracks seven real estate investment trusts, fell 0.25% to 166.20 points due to a 1.97% decline in Bulgarian Real Estate Fund REIT [BUL:BREF].

Total turnover in the main BSE market fell to 1.1 million levs on Friday from 6.7 million levs on Thursday.

The most traded company was Toplofikatsia-Burgas [BUL:TPLB], the heating service serving the Bulgarian coastal town of Burgas. As many as 340,000 shares of the company traded flat at an average price of 1.5600 levs, generating 530.400 million levs in revenue for the day.

(1 euro = 1.95583 levs)

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