Bulgarian stock indices end week in green amid higher turnover

SOFIX was buoyed by hydraulic equipment manufacturer M+S Hydraulic [BUL:MSH], which advanced by 3.77% to 11.00 levs, and diversified group Chimimport [BUL:CHIM], which grew by 1.74% to 0.702 levs.

M+S Hydraulic and Chimimport also propelled the BGTR30 index, in which companies with a free float of at least 10% have equal weight, by 0.11% to 810.64 points. It was additionally supported by a 2.16% increase in software developer Sirma Group Holding [BUL:SGH] to 0.71 levs.

The three companies, coupled with a 7.78% jump in diversified group Industrial Holding Bulgaria [BUL:IHB] to 1.80 levs, spurred on the BGBX40. The index, which tracks the 40 most traded shares on the Sofia bourse, went up 0.13% to 166.19 points.

A 0.78% rise in Bulgarian Real Estate Fund REIT [BUL:BREF] to 2.60 levs boosted the BGREIT, which tracks seven real estate investment trusts. The index climbed by 0.04% to 190.07 points.

In contrast, the BEAMX index, which tracks the ten most highly capitalised growth companies, plunged 1.07% to 96.80 points. Its biggest decliner was investment firm ImPulse Growth [BUL:IMP], which shed 3.47% to 1.39 levs.

Total turnover on the main market of the BSE surged to roughly 12.76 million levs ($7.13 million/6.52 million euro) on Friday from 5.08 million levs on Thursday.

The day's highest turnover was generated by thermal power plant Bobov Dol [BUL:TBD], at 2.52 million levs as 99,998 shares traded. The company closed flat at 25.20 levs.

(1 euro = 1.95583 levs)