SOFIA (Bulgaria), November 29 (SeeNews) – First Investment Bank (Fibank) [BUL:5F4] fell the most among blue chips on the Bulgarian Stock Exchange (BSE) on Wednesday, bourse data showed.
Fibank closed 2.0% lower at 5.39 levs ($3.26/2.75 euro) in a trading volume of 3,865 shares.
Earlier on Wednesday, Fibank said its consolidated net profit increased to 63.9 million levs ($36.4 million/ 31.3 million euro) in the first nine months of 2017, from 59.0 million levs in the like period of last year. The increase in the company’s net profit came on the back of a drop in amortisation costs, which shrank to 59.9 million levs in the review period from 141.4 million levs in the corresponding period of 2016, figures from Fibank’s interim financial report showed.
The BSE's blue-chip SOFIX index edged down 0.02% to 667.27 points on Wednesday after adding 0.21% on Tuesday.
The broader BGBX40 index, which tracks the 40 most traded shares on the BSE, increased by 0.23% to 130.86 points, after rising by 0.25% on Tuesday.
The BG-REIT index, which tracks the performance of real estate investment trusts, edged up 0.04% to 113.76 points on Wednesday. On Tuesday, the index closed 0.04% higher.
The BG TotalReturn30 index, in which companies with a free float of at least 10% have equal weight, added 0.34% to 547.34 points, following a 0.25% increase on Tuesday.
Total turnover on the regulated market of the Sofia bourse rose to 1.5 million levs on Wednesday to 197,500 levs on Tuesday.
Drug maker Sopharma [BUL:3JR] was the most traded blue chip on Wednesday, as 204,942 of its shares changed hands at an average price of 4.27 levs.
Hydraulic equipment manufacturer M+S Hydraulic [BUL:5MH] was the top blue-chip gainer on Wednesday, closing 2.17% higher at 8.0 levs.
(1 euro=1.95583 levs)
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