March 27 (SeeNews) - Three of the four main indices of the Bulgarian Stock Exchange (BSE) closed higher on Monday, with the blue-chip SOFIX adding 0.61% to 604.98 points.
The top blue-chip gainer was energy and insurance group Eurohold Bulgaria [BUL:EUBG], which increased by 3.57% to 1.45 levs with 12,000 shares traded. It was followed by fertiliser producer Neochim [BUL:NEOH]. The firm rose by 2.09% to 39.00 levs after it said earlier in the day it resumed operations at three units after resolving technical issues.
Eurohold and Neochim also pushed up the BGBX40 index, which tracks the 40 most traded shares on the Sofia bourse, and the BGTR30 index, in which companies with a free float of at least 10% have equal weight.
BGBX40 was additionally buoyed by hydraulic equipment manufacturer M+S Hydraulic [BUL:MSH], which gained 3.19% to 9.70 levs, and aluminium products manufacturer Alcomet [BUL:ALCM], which added 2.47% to 8.30 levs. Overall, the index closed 0.66% higher at 139.50 points.
BGTR30 went up by 0.47% to 718.46 points. In addition to Eurohold, M+S and Neochim, it was driven by a 3.42% rise in Galata Investment Company [BUL:GTH] to 2.42 levs.
In contrast, the BGREIT index, which tracks seven real estate investment trusts, fell by 0.25% to 184.04 points. It was pushed down by a 0.93% loss at Bulgarian Real Estate Fund REIT [BUL:BREF] to 2.14 levs. Additionally, Advance Terrafund [BUL:ATER] decreased by 0.30% to 3.28 levs.
Total turnover on the main market of the Sofia bourse surged to 2.31 million levs ($1.27 million/1.19 million euro) on Monday from 519,422 levs on Friday.
The majority of it, or 1.49 million levs, was generated by Velgraf Asset Management [BUL:VAM]. The stock closed 2.26% higher at 4.52 levs with 330,500 shares traded.
(1 euro = 1.95583 levs)