Sofia stock indices close lower, Eurohold tops blue chip declines
SOFIA (Bulgaria), Nov. 17 (SeeNews) – All Bulgarian Stock Exchange (ESB) indices fell on Wednesday, with the SOFIX index losing 0.43% to 608.61 points.
SOFIX was mainly pulled down by a 2.78% drop in shares of financial and energy group Eurohold Bulgaria [BUL:EUGBG]. In total, 5,140 Eurohold shares traded at an average price of 2.1299 lev. A day earlier, Eurohold gained 4.85%.
A 4.55% drop in fertilizer producer Neochim [BUL:NEOH] weighed on the BGBX40 index, which tracks the 40 most traded stocks on the Sofia Stock Exchange, and the BGTR30 index, in which companies with a free float of at least 10% have equal weight.
The BGBX40 fell 0.34% to 138.27 points, while the BGTR30 fell 0.13% to 665.11 points.
The BGREIT index, which tracks seven real estate investment trusts, closed down 0.25% at 166.11 points on Wednesday due to a 0.93% drop in the share price of Bulgarian real estate fund REIT [BUL:BREF].
Total turnover in the main BSE market rose to 1.5 million levs (866,300/766,900 euros) on Wednesday from 1.3 million levs on Tuesday.
The most traded company on Wednesday was real estate company Velgraf Asset Management [BUL:VAM]. No less than 95,500 shares of the company traded 0.47% less at an average price of 4.2,800 Lev, generating 408,700 Lev in turnover for the day.
(1 euro = 1.95583 lev)