SOFIA (Bulgaria), May 17 (SeeNews) – The share price of power supplier CEZ Electro Bulgaria [BUL:1CZ], a unit of Czech utility CEZ Group, rose the most on the Sofia bourse on Wednesday as the group said it has started negotiations with selected investors on the sale of its assets in Bulgaria, bourse data showed.
CEZ Electro Bulgaria stock closed 12.5% higher at 25,000 levs ($14,227/12,780 euro), as just one share changed hands.
Shares of CEZ Distribution Bulgaria [BUL:3CZ], another local unit of the Czech power utility, closed 1.43% lower at 275 levs in a trading volume of 101 units.
Among other stocks, financial and insurance group Eurohold Bulgaria [BUL:4EH] led blue-chip gainers on the Bulgarian Stock Exchange (BSE) on Wednesday.
Eurohold Bulgaria's shares closed 7.14% higher at 0.9 levs in a trading volume of 50 units.
Industrial group Stara Planina Hold [BUL:5SR] was the top blue-chip decliner, closing 2.49% lower at 7.8 levs in a trading volume of 1,115 shares.
Fibank [BUL:5F4] was the most traded blue chip, as 58,902 shares changed hands at an average price of 5.804 levs.
BSE's total stock trading turnover fell to 1.6 million levs on Wednesday, from 2.0 million levs on Tuesday.
The BSE's blue-chip SOFIX index rose 0.17% to 661.97 points, after adding 0.78% on Tuesday.
The broader BGBX40 index, which tracks the 40 most traded shares on the BSE, edged down 0.07% to 131.48 points, following an increase of 0.59% on Tuesday.
The BG-REIT index, which tracks the performance of real estate investment trusts, fell 0.18% to 110.04 points. On Tuesday the index edged up 0.09%.
The BG TotalReturn30 index, in which companies with a free float of at least 10% have equal weight, decreased 0.19% to 516.72 points, after rising 0.51% on Tuesday.
(1 euro = 1.95583 levs)
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