November 16 (SeeNews) - The indices of the Bulgarian stock exchange closed in negative territory on Wednesday after earlier in the day the country's parliament accepted the resignation of the minority coalition government.
The cabinet led by the centre-right GERB party resigned after the Socialists-backed candidate, Rumen Radev, won Sunday's presidential elections against GERB's candidate.
The blue-chip SOFIX index declined 0.75% to 534.48 on Wednesday, after increasing by 0.73% on Tuesday.
The broader BGBX40 index, which tracks the 40 most traded shares on the BSE, fell 0.39% to 101.6, following a rise by 0.68% in the previous trading session.
The BG-REIT index, which tracks the performance of the real estate investment trusts, lost 0.33% to 103.27. On Tuesday, the index closed 0.33% higher.
The BG TotalReturn30 index, in which companies with a free float of at least 10% have equal weight, grew by 0.31% to 422.54, after increasing by 0.26% on Tuesday.
Total stock turnover jumped to to 1.4 million levs ($770,000/715,500 euro) on Wednesday, from 83,050 levs on Tuesday.
Diversified conglomerate Holding Varna [BUL:5V2] was the biggest blue-chip decliner. Its share price fell 7.57% to 30.500 levs as 5,170 shares changed hands.
Resort operator Albena [BUL:6AB] led the blue-chip gainers, gaining 5.63% to 60.00 levs as 60 shares were traded.
Industrial Capital Holding [BUL:4I8] was the most traded blue chip, as 111,115 of the company's shares were traded at an average price of 4.994 levs.
(1 euro = 1.95583 levs)