February 27 (SeeNews) - Most indices of the Bulgarian Stock Exchange (BSE) closed lower on Tuesday as turnover continued to shrink, bourse data showed.
Total turnover on the main market of the Sofia bourse slumped to 1.3 million levs ($721,364/664,680 euro) on Tuesday from 4.04 million levs on Monday and 28.7 million levs on Friday.
The blue-chip SOFIX slipped 0.21% to 783.41 points, reflecting losses in hydraulic equipment manufacturer M+S Hydraulic [BUL:MSH], the biggest blue-chip decliner. M+S Hydraulic [BUL:MSH] sank 4.55% to 10.5 levs in a turnover of 1,187 shares.
Poultry producer Gradus [BUL:GR6] was the biggest loser among the components of the BGBX40 index, which tracks the 40 most traded shares on the Sofia bourse. Gradus tumbled to 1.45 levs, down 14.71%, in a volume of 1,000 shares.
BGBX40 went down 0.30% to 161.83 points, after edging up 0.06% a day earlier.
The losses in M+S Hydraulic and Gradus weighed on the BGTR30, in which companies with a free float of at least 10% have equal weight. The BGTR30 ended 0.72% lower, at 805.15 points, making it the worst performing index on Tuesday.
The BGREIT, which tracks seven real estate investment trusts, dropped 0.14% to 190.99 points, as losses in Bulgarian Real Estate Fund REIT [BUL:BREF] could not offset gains in Advance Terrafund REIT [BUL:6A6]. Bulgarian Real Estate Fund fell 0.77% to 2.58 levs, while Advance Terrafund picked 0.30% to 3.34 levs.
Bucking the trend, BEAMX, which tracks the ten most highly capitalised growth companies, ended the session 3.41% higher at 100.37 points.
(1 euro = 1.95583 levs)