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Sep 19, 2023 19:02 EEST
September 19 (SeeNews) - All but the new growth index on the Bulgarian Stock Exchange (BSE) erased some of their value on Tuesday, the blue-chip SOFIX dropping the most, by 1.02% to 733.39 points, bourse data showed.
M+S Hydraulic [BUL:MSH] notched the biggest slip among the constituents of the three indices where it is included. The machinery engineering firm fell 5.83% to 11.30 levs.
The SOFIX was further dragged down by a 3.35% loss at Central Cooperative Bank [BUL:CCB] to 1.54 levs, along with a 3.31% decline in energy and insurance conglomerate Eurohold Bulgaria [BUL:EUBG] to 1.75 levs with 131,500 shares traded.
The losses at M+S Hydraulic, CCB and Eurohold also set back both the broader 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.
The BGBX40 retreated by 0.53% to 155.52 points, further pressured by a 3.33% drop in diversified group Zarneni Hrani Bulgaria [BUL:ZHBG] to 0.116 levs in a trading volume of 10,000.
For its part, the BGTR30 edged down 0.34% to 776.77 points, its decline tempered by a 1.41% climb in poultry producer Gradus [BUL:GR6] to 1.44 levs.
Gradus was also the most liquid stock on the day, with 918,720 levs ($501,890/469,734 euro) generated from the trading of 638,000 shares.
The BEAMX index, which tracks the ten most highly capitalised growth companies, inched up 0.04%, chiefly due to ImPulse I [BUL:IMP] ticking up 0.79% to 1.27 levs.
The BGREIT index, which tracks seven real estate investment trusts, posted the highest loss of the day, shrinking 1.54% to 190.32 points. The cause for the weak performance was a 13.79% slump in Sopharma Buildings REIT [BUL:SFB] to 25.00 levs with 35,750 shares changing hands.
Total turnover on the main market of the Sofia bourse declined to roughly 2.5 million levs on Tuesday from 3.04 million levs on Monday.
(1 euro = 1.95583 levs)
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