November 19 (SeeNews) - Bulgarian stock indices fell on Thursday in surging turnover, bourse data showed.
The SOFIX index, which comprises the 20 most liquid shares trading on the Bulgarian Stock Exchange (BSE), dropped 1.06% to 461.44 points. On Wednesday, the blue-chip benchmark gained 0.08%.
The broader BG40 index, which tracks the 40 most traded shares on the bourse, declined 0.27% at 124.91 points on Thursday after a 0.83% drop in the previous session.
Total turnover, excluding block and other pre-agreed deals, surged to 3.136 million levs ($2.38 million/ 1.6 million euro) from 770,000 levs on Wednesday.
Fourteen stocks rose, 45 fell and eight closed flat on Thursday.
Seventeen of the 20 blue chips were traded on Thursday with two moving higher and the rest losing ground.
The most liquid blue chip was First Investment Bank, trading in a volume of 114,184 shares. They ended 3.534% down at 2.73 levs.
Central Cooperative Bank traded in a volume of 75,903 stocks, ending 3.583% down at 1.48 levs.
The BG-REIT index, which tracks the performance of real estate investment trusts, declined 1.50% to 49.18 points, after rising 0.75% on Wednesday.
The BG TotalReturn30 index, in which companies with a free float of at least 10% have equal weight, dropped 0.72% to 350.01 points after edging up 0.01% on Wednesday.
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 0.84% to 66.21 points after shedding 1.14% on Wednesday.
(1 euro = 1.95583 Bulgarian levs)
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