Bulgarian Stock Indices End Mixed in Higher Turnover

The SOFIX index, which comprises the 20 most liquid shares trading on the Bulgarian Stock Exchange (BSE), inched 0.08% higher to 475.02 points after gaining 0.96% on Thursday. The broader BG40 index, which tracks the 40 most traded shares on the bourse, fell 0.14% to 128.9 points. It edged 0.33% up a day ago.

Turnover, excluding block and other pre-agreed deals, rose to 2.9 million levs ($2.2 million/1.5 million euro) from 2.7 million levs on Thursday.

On Friday, decliners outnumbered advancers 40 to 35 and nine ended unchanged.

Eighteen blue chips were traded on Friday with seven gaining ground, one closed flat and the rest ended lower.

Corporate Commercial Bank led advancers among the blue chips. Its stock surged 4.59% to 57 levs in a volume of just 70 shares.

Infrastructure company Trace Group Hold topped fallers as its share price dropped 3.06% to 75.13 levs with 718 shares changing hands.

Industrial group Chimimport, also a SOFIX member, was the most liquid stock on Friday. A total 104,040 of its ordinary shares and 217,575 of its preferred shares were traded, ending 0.56% and 0.72% lower at 2.5 and 2.46 levs, respectively.

The BG-REIT index, which tracks the performance of real estate investment trusts, ended 0.21% higher at 48.24% and the BG TotalReturn30 index, in which companies with a free float of at least 10% have equal weight, dropped 0.2% to 358.05 points.

On Thursday, the BG-REIT lost 0.7% and the BG TotalReturn30 added 0.41%.

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, gained 0.16% to 69.36 points, after falling 0.17% the previous day.

(1 euro = 1.95583 Bulgarian levs)