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Bulgarian Stock Exchange indices close lower, turnover drops

Bulgarian Stock Exchange indices close lower, turnover drops

SOFIA (Bulgaria), October 6 (SeeNews) - All indices of the Bulgarian Stock Exchange (BSE) went down on Wednesday, as trading turnover declined, bourse data showed.

Total turnover on the BSE's main market fell to 1 million levs ($590,500/511,300 euro) on Wednesday from 1.5 million levs on Tuesday.

The most traded company for a second straight day on Wednesday was Doverie United Holding [BUL:DUH]. As many as 60,304 shares in the holding changed hands 0.83% higher at an average price of 7.1241 levs, contributing 429,600 levs of the turnover for the day.

А 2.65% drop in the shares of diversified group Chimimport [BUL:CHIM] dragged down the blue-chip SOFIX index and the BGTR30 in which companies with a free float of at least 10% have equal weight.

The SOFIX shed 0.09% to 573.06 points while the BGTR30 lost 0.14% to 647.15 points.

The BGBX40 index, which tracks the 40 most traded shares on the BSE, edged down by 0.03% to 132.65 points, mostly dragged down by 3.13% drop in the shares of cable manufacturer Emka [BUL:EMKA].

The BGREIT index, which tracks seven real estate investment trusts, decreased by 0.32% to 160.38 points, mostly hurt by a 1.14% decline in the share price of Advance Terrafund REIT [BUL:ATER].

(1 euro = 1.95583 levs)