Bulgarian stock indices end week in green, turnover further declines

The SOFIX increased the most, by 0.60% to 605.43 points, bourse data showed on Friday. This was helped by a 5.10% climb in CCB to 1.65 levs with 28,800 shares traded as well as a 2.45% gain in Allterco to 20.90 levs.

The top blue-chip decliner was Sirma Group Holding [BUL:SGH], down 2.10% to 0.70 levs.

The growth in CCB and Allterco stock values also helped advances in the BGBX40 index, which tracks the 40 most traded shares on the Sofia bourse, and in the BGTR30 index, in which companies with a free float of at least 10% have equal weight.

The BGBX40 finished 0.27% higher at 138.60 points despite a 4.29% slip in constituent Alcomet [BUL:ALCM] to 7.80 levs.

The BGTR30, for its part, ticked up 0.32% to 728.82 points.

Lastly, the BGREIT, tracking seven real estate investment trusts, went up 0.17% to 182.04 points on the back of a 0.98% increase in Bulgarian Real Estate Fund REIT [BUL:BREF] to 2.08 levs.

BREF was also the most traded stock on Friday, generating a turnover of 149,313 levs with as many as 71,785 shares changing hands.

Total turnover on the main market of the Bulgarian Stock Exchange continued to decline for the second consecutive day, slipping to 925,795 levs ($496,117/473,351 euro) on Friday from 1.53 million levs on Thursday.

(1 euro = 1.95583 levs)