Most Sofia share indices fall, Doverie paces blue-chip decliners

SOFIX was mostly pressed by a 1.18% fall in diversified group Doverie United Holding [BUL:DUH] to 8.38 levs, which more than offset a 2.94% gain in diversified group Chimimport [BUL:CHIM] to 0.70 levs.

The decline in Doverie also drove down the BGBX40, which tracks the 40 most traded shares on the Sofia bourse, by 0.02% to 164.46 points. The biggest loser in the index, however, was machine engineering company Hydraulic Elements and Systems [BUL:HES], which slipped 1.69% to 5.80 levs.

The BGREIT index, which tracks seven real estate investment trusts, dipped by 0.06% to 191.64 points following a 0.29% tumble in Advance Terrafund REIT [BUL:ATER] to 3.39 levs.

A 6.78% drop in biometric identification security systems developer Biodit [BUL:BDT] to 1.10 levs set back the BEAMX. The index, which tracks the ten most highly capitalised growth companies, erased 0.73% to 95.84 points.

By contrast, the BGTR30 index, in which companies with a free float of at least 10% have equal weight, grew by 0.13% to 816.40 points on the back of the rise in Chimimport. It was additionally supported by a 1.61% climb in First Investment Bank, or Fibank, [BUL:FIB] to 2.52 levs.

Total turnover on the main market of the Sofia bourse slid to 320,743 levs ($174,440/163,993 euro) on Wednesday from 475,516 levs on Tuesday.

Municipal heating utility company Toplofikatsia-Burgas [BUL:TPLB] generated the highest turnover of the day, at 1 million levs, after 588,236 shares traded. The stock closed 12.37% lower at 1.70 levs.

(1 euro = 1.95583 levs)