October 7 (SeeNews) - Bulgarian stocks mostly fell on Wednesday and turnover dropped, bourse data showed.
The SOFIX index, which comprises the 20 most liquid shares trading on the Bulgarian Stock Exchange (BSE), decreased 0.51% to 470.11 points after advancing 1.98% the previous day. The broader BG40 index, which tracks the 40 most traded shares on the bourse, lost 0.44% to 128.66 points after gaining 1.63% on Tuesday.
Turnover, excluding block and other pre-agreed deals, dropped to 894,000 levs ($671,000/457,000 euro) from 1.4 million levs on Tuesday.
Fallers outnumbered gainers 40 by 28 and 18 stocks closed unchanged on Wednesday.
Seventeen of the BSE's 20 blue chips were traded on Wednesday. Four gained ground, two ended flat and the remaining ones declined. Financial and insurace group Eurohold Bulgaria led fallers, ending 3.29% lower at 1.47 levs in a volume of 35,944 shares.
Central Cooperative Bank, also a SOFIX member, was the most liquid stock as 118,810 of the bank's shares were traded, skidding 0.67% to 1.47 levs.
The BG-REIT index, which tracks the performance of real estate investment trusts, was the only index that closed higher on Wednesday, 0.87% up to 48.48 points. It was the only index to close lower on Tuesday, falling by 0.8%.
The BG TotalReturn30 index, in which companies with a free float of at least 10% have equal weight, inched 0.23% lower to 357.31 points. It gained 1.45% a day earlier.
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, rose 0.61% to 69.37 points after gaining 1.74% on Tuesday.
(1 euro = 1.95583 Bulgarian levs)