Most Sofia bourse indices fall, M+S Hydraulic paces decliners

The benchmark index was hit by a 4.55% drop in hydraulic equipment manufacturer M+S Hydraulic [BUL:MSH] to 10.50 levs, followed by a 1.77% slip in farming group Agria Group Holding [BUL:AGH] to 19.40 levs.

The two companies further impacted the BGBX40, which tracks the 40 most traded shares on the Sofia bourse, and the BGTR30, in which companies with a free float of at least 10% have equal weight. Both indices were further held back by Galata Investment Company [BUL:GTH], which lost 3.03% to 2.56 levs.

Overall, the BGBX40 slid 0.39% to 165.29 points, whereas the BGTR30 closed 0.21% lower at 808.94 points.

The BGREIT index, which tracks seven real estate investment trusts, however, leapt by 0.77% to 191.65 points. It was mostly driven up by a 4.14% increase in Super Borovets Property Fund REIT [BUL:SBPF] to 3.02 levs.

Super Borovets was also the day's top stock by turnover, generating 655,340 levs ($364,958/335,069 euro) after 217,000 shares changed hands.

Total turnover on the main market of the BSE grew to some 3.36 million levs on Tuesday from 2.71 million levs on Monday.

Finally, the BEAMX, which tracks the ten most highly capitalised growth companies, was supported by a 1.72% gain in biometric identification security systems developer Biodit [BUL:BDT] to 1.18 levs. The index climbed by 0.06% to 97.44 points.

(1 euro = 1.95583 levs)