September 8 (SeeNews) - Bulgaria's stock exchange said on Monday it will add engineering, construction and energy group Enemona to its blue-chip SOFIX index and replace nine components in the broader BG40 index as of September 23.
With the new entrant, the SOFIX will track the 20 most liquid stocks on the local equity market.
The Bulgarian Stock Exchange (BSE) will include in the BG40, the index which tracks the 40 most traded shares, road builder Holding Roads, grain and oilseed trader Zarneni Hrani, infrastructure company Trace Group Hold, Enemona, printing and advertising company Billboard, fertilisers producer Neochim, holding company Favorit Hold, chemical company Polimeri and oil and gas prospecting company Prouchvane I Dobiv Na Neft I Gaz.
Cast iron foundry Tchugunoleene, river shipping company BRP, resort operator Albena, hydraulic equipment manufacturer M+S Hydraulic, water bottler Devin, brewery Lomsko Pivo, diversified holding Severcoop Gamza, sugar maker Zaharni Zavodi and investment company Holding Varna will be removed from the index.
The new components in the index are road builder Holding Roads, grain and oilseed trader Zarneni Hrani, infrastructure company Trace Group Hold, Enemona, printing and advertising company Billboard, fertilisers producer Neochim, holding company Favorit Hold, chemical company Polimeri and oil and gas prospecting company Prouchvane I Dobiv Na Neft I Gaz.
The bourse in Sofia has two other indices: the BG TotalReturn30 (BG TR30) index, in which companies with a free float of at least 10% have equal weight, and the BG-REIT index, tracking the performance of real estate investment trusts.
The latest revisions of the SOFIX and the BG 40 indices were made in March.