SOFIA (Bulgaria), September 16 (SeeNews) – Bulgarian stock indices closed higher on Wednesday as turnover halved, bourse data showed.
The SOFIX, which comprises the 20 most liquid shares trading on the Bulgarian Stock Exchange (BSE), rose 2.44% to 501.73 points and the broader BG40 index, which tracks the 40 most traded shares on the bourse, advanced 2.28% to 135.26 points.
On Tuesday the SOFIX gained 1.46% and the BG40 added 1.27%.
Turnover, excluding block and other pre-agreed deals, fell sharply to 2.38 million levs ($1.79 million/1.22 million euro) compared to the 4.9 million levs in the previous session.
Hydraulic equipment maker M+S Hydraulic was the sole SOFIX member to close lower on Wednesday, losing 0.17% to 6.0 levs as 476 shares changed hands.
The biggest SOFIX gainer was construction and energy group Enemona, which ended 8.4% higher at 11.60 levs in a volume of 17,257 shares.
Blue chip Central Cooperative Bank was the most liquid issue on Wednesday as 96,013 shares changed hands, gaining 2.33% to 1.63 levs.
On Wednesday, 70 stocks advanced, 14 lost ground and 12 closed unchanged.
The BG-REIT index, tracking the performance of real estate investment trusts, added 1.91% to 46.31 points after inching 0.04% down on Tuesday. The bourse's BG TotalReturn30 index, in which companies with a free float of at least 10% have equal weight, rose 2.25% to 367.59 points after adding 1.46% on Tuesday.
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, advanced 1.69% to 70.93 points after rising by 1.37% on Tuesday.
(1 euro=1.95583 Bulgarian levs)