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

Holding Varna shares drop 3.03%, drag Sofia stock indices lower

Author Mario Tanev
Holding Varna shares drop 3.03%, drag Sofia stock indices lower Author: Bulgarian Stock Exchange / All rights reserved.

SOFIA (Bulgaria), August 6 (SeeNews) - Bulgarian diversified group Holding Varna [BUL:5V2] shares dropped 3.03% to 38.4 levs on Tuesday, dragging Bulgarian Stock Exchange indices along.

The blue-chip SOFIX index closed the session 0.25% lower at 579.95 points, as other major decliners included software group Sirma Group Holding [BUL:SKK] and Central Cooperative Bank (CCB) [BUL:4CF], which lost 2.84% and 2.65%, respectively.

Holding Varna, Sirma Group and CCB were also the top decliners among members of the wider BGBX40 index, which tracks the 40 most traded shares on the stock exchange in Sofia. The BGBX40 dropped 0.20% to 114.57 points on Tuesday.

The BGTR30 index, in which companies with a free float of at least 10% have equal weight, ended the session 0.59% lower, as chemicals trader Himsnab Bulgaria [BUL:58E] erased 9.43% on Tuesday.

The BGREIT index, which tracks real estate investment trusts, fell 0.20% to 126.91 points on Tuesday, hit by a 0.98% decrease in the share price of Bulgarian Real Estate Fund REIT [BUL:5BU].

Total regulated market trading turnover rose to 203,000 levs ($116,000/104,000 euro) on Tuesday from 106,000 levs on Monday. Over half of the trading turnover on Tuesday was formed by deals in resort operator Albena [BUL:6AB] shares, worth a total of some 129,000 levs.

(1 euro = 1.95583 levs)