Sofia stock indices close mixed, Eurohold Bulgaria tracks blue-chip winners

SOFIA (Bulgaria), Aug 23 (SeeNews) — Bulgarian equity indices (BSE) closed evenly between red and green on Tuesday, with blue chip SOFIX gaining the most thanks to a 2.86% rise in shares energy and insurance group Eurohold Bulgaria [BUL:EUBG].

The SOFIX index rose 0.41% to 613.28 points, while Eurohold closed at 2.16 levs in a trading volume of 590,390 shares.

Eurohold was thus the most liquid stock in BSE on Tuesday, accounting for some 80% of turnover on the main market, or 1.27 million levs ($647,570/649,340 euros).

Total turnover in the main BSE market jumped to 1.57 million levs from just 315,423 levs on Monday.

Other rising blue-chips include IoT maker Allterco [BUL:A4L]which gained 1.60% to 19.00 levs with 2,327 shares traded.

The positive performance of Eurohold, combined with a 3.31% rise in road construction contractor Trace Group Hold [BUL:T57] at 3.74 levs allowed the BGBX40 index to also end in the black. The BGBX40, which tracks the 40 most traded stocks on the Sofia Stock Exchange, added 0.35% to 142.26 points.

The BGTR30 index, in which companies with a free float of at least 10% are equally weighted, edged down 0.01% to 738.80 points, following a 1.95% decline in Agria Group Hold [BUL:AGH] at 30.10 levs and a 1.94% drop in Elana AgroCredit [BUL:EAC] at 1.01 leva.

Advancing TerraFund REIT [BUL:ATER] fell 1.01% to 2.95 levs, dragging down the BGREIT index, which tracks seven real estate investment trusts and closed down 0.03% to 183.32 points on Tuesday.

(1 euro = 1.95583 levs)

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