Bulgarian stock indices retreat in lower turnover

The biggest decliners in the benchmark index were energy and insurance group Eurohold Bulgaria [BUL:EUBG], which shed 4.35% to 1.32 levs, and agricultural leasing company Elana Agrocredit [BUL:EAC], which slipped by 1.80% to 1.09 levs.

The two companies also brought down the BGBX40, which tracks the 40 most traded shares on the Sofia bourse, and the BGTR30, in which companies with a free float of at least 10% have equal weight. The constituent that lost the most in the BGBX40, however, was software and IT services group Bianor Holding [BUL:BNR], which sank 7.66% to 4.34 levs.

Overall, the BGBX40 index erased 0.44% to 164.50 points, while the BGTR30 closed 0.17% lower at 815.37 points.

In comparison, the BGREIT index, which tracks seven real estate investment trusts, rose by 0.08% to 191.76 points on the back of a 1.33% climb in Sopharma Buildings REIT [BUL:SFB] to 15.20 levs.

The BEAMX index, which tracks the ten most highly capitalised growth companies, edged up 0.06% to 96.54 points, mostly due to a 0.70% gain in investment firm ImPulse Growth [BUL:IMP] to 1.43 levs.

Total turnover on the main market of the Sofia bourse plunged to 475,516 levs ($259,076/243,127 euro) on Tuesday from 9.9 million levs on Monday.

The day's most liquid stock was thermal power plant Bobov Dol [BUL:TBD], which generated 1.51 million levs as 60,000 shares traded. The company's shares closed flat at 25.20 levs.

(1 euro = 1.95583 levs)