October 29 (SeeNews) - Almost all Bulgarian Stock Exchange indices ended lower on Tuesday, dragged down by a 9.68% drop in the share price of financial and insurance group Eurohold Bulgaria [BUL:4EH] - to 1.68 levs ($0.95/0.86 euro), bourse data showed.
The blue-chip SOFIX index fell 0.69% to 556.28 points, as the 2.28% gain of local lender Central Cooperative Bank (CCB) [BUL:4CF] could not compensate for Eurohold Bulgaria's loss.
Eurohold Bulgaria also led decliners among the wider BGBX40 index, which tracks the 40 most traded shares on the Sofia bourse and the BGTR30 index, in which companies with a free float of at least 10% have equal weight.
The BGBX40 index fell 0.57% to 109.06 points, while the BGTR30 erased 0.39% of its value, closing the session well under the 500 point mark at 495.86 points.
Last week, Bulgaria's competition authority barred Eurohold Bulgaria from acquiring the local assets of Czech energy group CEZ after an in-depth probe of the deal. If concluded the deal would lead to considerable advantage for the participants in the concentration which would hamper effective competition on the respective markets, the regulator said in its decision.
The BGREIT index, which tracks the performance of real estate investment trusts, added 0.05% to 127.67 points only backed by a 0.26% increase in the share price of Advance Terrafund REIT [BUL:6A6].
Total regulated market trading turnover edged up to 299,986 levs on Tuesday from 230,000 levs on Monday.
(1 euro = 1.95583 levs)
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