Bulgarian equity indices end mixed amid weak turnover

A 4.85% leap in hydraulic equipment manufacturer M+S Hydraulic [BUL:MSH] to 10.80 levs and a 2.67% increase in pharmaceuticals producer Sopharma [BUL:SFA] to 6.16 levs spurred on the benchmark index.

The two companies also bolstered the broader BGBX40 index, which tracks the 40 most traded shares on the Sofia bourse, and the BGTR30, in which companies with a free float of at least 10% have equal weight. The biggest gain in the BGBX40, however, was posted by battery manufacturer Monbat [BUL:MONB], which went up 5.00% to 3.78 levs.

The BGBX40 grew by 0.38% to 162.27 points, while the BGTR30 added 0.09% to 805.81 points.

The BGREIT, on the other hand, lost 0.32% to 190.87 points. The index, which tracks seven real estate investment trusts, was mostly brought down by a 3.85% tumble at real estate investment trust Sopharma Buildings REIT [BUL:SFB] to 15.00 levs.

Electric vehicle manufacturer Sin Cars Industry [BUL:SIN] was the top decliner in the BEAMX index, which tracks the ten most highly capitalised growth companies, lowering it by 1.15% to 98.36 points. Sin Cars dropped by 6.12% to 0.46 levs.

Total turnover on the main market of the Sofia bourse sank to 431,587 levs ($238,895/220,666 euro) on Thursday from 4.45 million levs on Wednesday.

The highest turnover, of 85,472 levs, was generated by Web Media Group [BUL:WMG] after 53,420 shares changed hands. The stock closed flat at 1.60 levs.

(1 euro = 1.95583 levs)