SOFIA (Bulgaria), August 20 (SeeNews) – The share indices of the Bulgarian Stock Exchange (BSE) mostly rose in higher turnover on Thursday with only the blue-chip SOFIX benchmark failing to find positive territory, bourse data showed.
The SOFIX, which comprises the 20 most liquid shares trading on the BSE, fell 0.20% to 436.84 points. The broader BG40 index, which tracks the 40 most traded shares on the bourse, rose 0.95% to 124.74 points.
The SOFIX fell 0.5% and the BG40 index inched down 0.44% on Wednesday.
Turnover, excluding block and other pre-agreed deals, rose to 1.766 million levs ($1.28 million/903,000 euro) from Wednesday’s 1.496 million levs.
On Thursday, 43 stocks ended higher, 42 lost ground and 15 closed flat.
Seven of the 20 blue chips lost ground, twelve moved higher, and one was not traded on Thursday.
Paint and varnish producer Orgachim was the biggest SOFIX gainer, adding 4.70% to 100 levs in a volume of 58 shares. Bulgarian American Credit Bank followed with a gain of 3.70% to 14 levs in a volume of 1,645 shares.
Fertiliser producer Neochim took most points off the SOFIX on Thursday, dropping 4.02% to 31.0 levs in a volume of 650 shares. Industrial Holding Bulgaria, another SOFIX component, fell 3.26% to 2.05 levs in a volume of 22,865 shares. The company was the second-best SOFIX performer a day earlier, leaping 3.37% to 2.12 levs.
For a second day in a row, blue chip Central Cooperative Bank (CCB) was the most traded company. On Thursday the lender added 2.96% to 1.53 levs in a volume of 88,962 shares. A total of 115,111 CCB shares were traded a day earlier.
The bourse's BG TotalReturn30 index, in which companies with a free float of at least 10% have equal weight, rose 0.70% to 329.44 points, after falling by 0.35% on Wednesday.
The BG-REIT index, tracking the performance of real estate investment trusts, was the top advancer on Thursday, rising 1.48% to 41.72 points, after a 1.53% drop a day earlier.
The Dnevnik 20 index, calculated by local business daily Dnevnik from the share prices of the 20 leading companies in terms of liquidity and market capitalisation, rose 0.19% to 64.46 points after a gain of 0.85% on Wednesday.
(1 euro=1.95583 Bulgarian levs)
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