September 19 (SeeNews) - Lenders fell most among components of the blue-chip SOFIX index of the Bulgarian Stock Exchange, which returned to red territory on Wednesday after snapping a four-day losing run in the preceding trading session.
First Investment Bank (Fibank) [BUL:5F4] led blue-chip decliners, losing 3.02% to 3.86 levs, followed by Central Cooperative Bank (CCB) [BUL:4CF] with a 2.86% drop to 1.7 levs.
The SOFIX index closed 0.36% lower at 627.60 points on Wednesday.
Blue-chip industrial holdings booked a strong session, as Stara Planina Hold added 5.97% to 7.1 levs, while Doverie United Holding gained 1.32% to 1.535 levs.
There were no other gainers among blue chips on Wednesday.
Fibank and CCB were also the top decliners in the wider BGBX40 index, which tracks the 40 most traded shares on the Sofia bourse. The BGBX40 ended the session 0.08% lower at 122.18 points, despite a 15.15% rise in the share price of Severcoop Gamza Holding [BUL:6S4], which climbed to a 10-year peak.
Severcoop Gamza Holding posted back-to-back double digit gains, after adding 10% in the previous session, and reached a closing price of 3.8 levs - its highest since the 2008 financial crisis.
Severcoop Gamza Holding raised 10.7 million levs in a capital hike completed earlier this month, according to commercial register data. The company doubled its capital to 10.7 million levs via the issuance of 2,673,899 shares with a nominal value of 2 levs each. The shares were subscribed for at a price of 4.0 levs apiece.
A 0.98% drop in the share price of Advance Terrafund REIT [BUL:6A6] caused a 0.19% decline in the BGREIT index, which ended the session at 117.15 points. All other components of the index, which tracks the performance of real estate investment trusts, closed unchanged on Wednesday.
The BG TotalReturn30 index, in which companies with a free float of at least 10% have equal weight, lost 0.17% to 519.77 points.
Total trading turnover on the regulated market of the Sofia bourse nearly halved to 384,055 levs ($229,310/196,360 euro) on Wednesday from 649,455 levs on Tuesday.
(1 euro = 1.95583 levs)
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