You have 10 free articles left this month. Get your freeBasic subscription now and gain instant access to more.

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)