Bulgarian equity indices end mixed amid higher turnover

A 3.30% tumble in pharmaceuticals producer Sopharma [BUL:SFA] to 5.86 levs and a 2.61% slip in diversified group Doverie United Holding [BUL:DUH] to 8.22 levs impacted the benchmark index.

The two companies further dragged down the BGBX40, which tracks the 40 most traded shares on the Sofia bourse, by 0.16% to 164.25 points. The biggest loser in the index, however, was printing and advertising company Billboard [BUL:BBRD], which dropped 8.50% to 0.366 levs.

The BGREIT index, which tracks seven real estate investment trusts, edged down 0.06% to 190.47 points on the back of a 0.29% fall in Advance Terrafund REIT [BUL:ATER] to 3.39 levs.

Meanwhile, the BGTR30 index, in which companies with a free float of at least 10% have equal weight, advanced by 0.20% to 815.97 points. It was lifted by a 4.51% leap in First Investment Bank, or Fibank, [BUL:FIB] to 2.78 levs and a 3.45% gain in software developer Sirma Group Holding [BUL:SGH] to 0.75 levs.

Fibank was also the day's top stock by turnover, generating 1.15 million levs ($627,616/587,984 euro) after 414,966 shares traded.

Total turnover on the main market of the Sofia bourse surged to 4.18 million levs on Tuesday from 452,866 levs on Monday.

The BEAMX, which tracks the ten most highly capitalised growth companies, added 0.69% to 96.42 points. It was mostly spurred on by organic foods producer and distributor Smart Organic [BUL:SO], which grew 3.03% to 20.40 levs.

(1 euro = 1.95583 levs)