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Bulgaria's SOFIX ends losing run as Sirma Group continues rally

Bulgaria's SOFIX ends losing run as Sirma Group continues rally Photo: Bulgarian Stock Exchange / All rights reserved.

SOFIA (Bulgaria), July 19 (SeeNews) - The blue-chip SOFIX index of the Bulgarian Stock Exchange ended a four-day losing streak on Friday by adding 0.96% to 582.56 points, as software developer Sirma Group Holding [BUL:SKK] led gainers for a second day running, bourse data showed. 

Sirma Group Holding's shares closed 5.88% higher at 0.72 levs ($0.41/0.37 euro), after adding 6.25% to 0.68 levs on Thursday.

Other top performers included diversified groups Chimmimport [BUL:6C4] and Holding Varna [BUL:5V2], which rose 3.22% and 2.16%, respectively. 

The shares of Sirma Group Holding and Holding Varna recovered after the Sirma hit an all-time low closing price at the start of the week, dropping 3.13% to 0.62 levs, and Holding Varna led decliners among the SOFIX members on Thursday, as its shares lost  2.60% to 37.4 levs.

Advance Terrafund REIT [BUL:6A6] was the only decliner on Friday, as its shares ended 0.52% lower at 1.91 levs. 

The BGBX40 index, which tracks the 40 most traded shares on the stock exchange in Sofia, gained 0.56% to 115.07 points on Friday,  while the BGTR30, in which companies with a free float of at least 10% have equal weight, added 0.55% to 509.47 points.

The BGREIT index, which tracks real estate investment trusts, added to 0.10% at 126.53 points, despite the drop in Advance Terrafund's share price.

(1 euro = 1.95583 levs)

 

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