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Bulgarian stocks close slightly higher in active trade

Bulgarian stocks close slightly higher in active trade Photo: Bulgarian Stock Exchange / All rights reserved.

SOFIA (Bulgaria), August 19 (SeeNews) - The equity indices on the Bulgarian Stock Exchange (BSE) posted minor gains on Friday, as turnover on the main market doubled to 4.3 million levs ($2.19 million/2.20 million euro), bourse data showed.

The SOFIX edged up 0.09% to 614.47 points, buoyed by a 1.35% rise in drug maker Sopharma [BUL:SFA].

As many as 4,000 shares in Sopharma changed hands, closing at 4.5 levs.

The broader BGBX40 index, which tracks the BSE's 40 most traded shares, climbed up 0.12% to 141.84 points. A day earlier BGBX40 dropped 0.25%.

Another blue chip, Telelink Business Services Group, or TBS Group, [BSE:TBS], appreciated 1.44% to close at 14.05 levs in a volume of 4,143 shares.

Earlier on Friday, TBS Group proposed to its shareholders to distribute a gross dividend of 0.81 levs per share for the first half of 2022, slightly less than the 0.82 levs it distributed for the same period last year.

On the losing end, diversified group Chimimport [BUL:CHIM] shed 0.93% to 0.854 levs.

The BGTR30 index, in which companies with a free float of at least 10% have equal weight, inched up 0.05% to 739.12 points. On Thursday, it closed 0.04% lower.

In terms of number of number of deals, the most traded stock was farming group Agria Group Holding [BUL:AGH]. A total of 11,603 shares were traded in 58 deals. They closed 0.67% higher at 30.1 levs.

On Thursday, Agria Group Holding said that its consolidated net profit soared to 46 million levs in the first half of 2022 from 14.5 million levs in the same period of last year.

The BGREIT index, which tracks seven real estate investment trusts, gained 0.17% to 184.32 points, on the back of a 0.84% increase in Bulgarian Real Estate Fund REIT [BUL:BREF] to 2.4 levs.

(1 euro = 1.95583 levs)