Bulgarian stock indices mostly fall, SOFIX inches up on Fibank gain

SOFIX was mainly boosted by an 8.10% jump in First Investment Bank, or Fibank, [BUL:FIB] to 4.54 levs.

Fibank was also the top gainer in the BGBX40, which tracks the 40 most traded shares on the Sofia bourse, pushing it up by 0.15% to 172.55 points. The index was further lifted by diversified group Stara Planina Hold [BUL:SPH], which leapt 5.88% to 10.80 levs.

Meanwhile, the BGTR30 index, in which companies with a free float of at least 10% have equal weight, slipped by 0.31% to 857.16 points. It was held back by Zlaten Lev Holding [BUL:HLEV], which plunged 16.28% to 3.60 levs, and venture capital firm Eleven Capital [BUL:11C], which shed 3.85% to 17.50 levs.

The BGREIT index, which tracks seven real estate investment trusts, lost 0.06% to 190.94 points after a 0.29% decline in Advance Terrafund REIT [BUL:ATER] to 3.38 levs.

Finally, the BEAMX index, which tracks the ten most highly capitalised growth companies, went down 0.53% to 96.75 points. It was mostly constrained by a 4.46% tumble in biometric identification security systems developer Biodit [BUL:BDT] to 1.07 levs.

Total turnover on the main market of the Sofia bourse slid to 636,221 levs ($353,075/325,293 euro) on Monday from 4.88 million levs on Thursday. Friday was a non-trading day for the BSE due to a national holiday.

Alternative investment fund VF Alternative [BUL:VFAL] generated the highest turnover of the day, at 504,000 levs, as 20 shares traded. The stock closed flat at 25,200 levs.

(1 euro = 1.95583 levs)