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Bulgarian BGREIT stock index climbs further, blue chips lose ground

Author Mario Tanev
Bulgarian BGREIT stock index climbs further, blue chips lose ground Photo: Bulgarian Stock Exchange / All rights reserved.

SOFIA (Bulgaria), January 13 (SeeNews) - The Bulgarian Stock Exchange BGREIT index, which tracks real estate investment trusts, started the week with a new all-time high closing value of 133.47 points after a 0.40% rise on Monday.

This is the seventh all-time high which the company has set so far this year.

The index was backed by a 1.94% increase in the share price of Bulgarian Real Estate Funds REIT [BUL:5BU].

Unlike the BGREIT, the other BSE benchmarks all closed in red territory on Monday.

The blue-chip SOFIX index ended 0.19% lower at 578.16 points, as diversified group Doverie United Holding [BUL:5DOV] shares erased 6.36% to 5.15 levs. The other decliners among blue chips were First Investment Bank (Fibank) [BUL:5F4] and poultry producer Gradus [BUL:GR6], which lost 1.16% and 0.29%, respectively.

The wider BGBX40 index, which tracks the 40 most traded shares on the Sofia bourse, fell 0.25% to 113.44 points, while the BGTR30 index, in which companies with a free float of at least 10% have equal weight, decreased 0.15% to 524.36 points.

Total daily regulated market turnover amounted to some 716,000 levs.

(1 euro = 1.95583 levs)