SOFIA (Bulgaria), October 2 (SeeNews) – Bulgarian share indices lost ground on Friday in higher turnover, bourse data showed.
The SOFIX index, which comprises the 20 most liquid shares trading on the Bulgarian Stock Exchange (BSE), fell 1.51% to end at 468.97 points and the broader BG40 index, which tracks the 40 most traded shares on the bourse, shed 2.16% to 128.38 points.
On Thursday, the SOFIX lost 0.82% and the BG40 edged down 0.30%.
Turnover, excluding block and other pre-agreed deals, rose to 2.009 million levs ($1.49 million/1.03 million euro) from Thursday’s 1.58 million levs.
Just three of the blue chips closed higher and the rest fell. Fertilisers maker Neochim led the blue-chip gainers, after being the biggest loser on Thursday. Neochim added 4.55% to 36.60 levs in a volume of 220 shares. On Thursday its shares closed 4.09% lower.
Lead and zinc smelter OTZK led the blue-chip decliners on Friday, falling by 4.84% to 14.75 levs in a volume of 2,064 shares.
Industrial holding group Industrial Holding Bulgaria and First Investment Bank , both part of the blue-chip index, were the most traded stocks on Friday, as 121,864 shares of the holding and 109,292 shares of the bank changed hands. The holding's shares fell by 4.72% to 2.14 levs, while the bank’s shares closed 1.40% lower at 2.88 levs.
The BG-REIT index, which tracks the performance of real estate investment trusts, fell by 1.87% to 49.24 points, after advancing 1.7% on the previous day. The BG TotalReturn30 index, in which companies with a free float of at least 10% have equal weight, lost 2.26% to 355.39 points, after inching down 0.93% on Thursday.
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, fell by 2.64% to 67.97 points, after losing 0.94% the previous day.
(1 euro = 1.95583 Bulgarian levs)
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