May 23 (SeeNews) - Four of the five indices of the Bulgarian Stock Exchange (BSE) closed lower at the end of the trading week, with the blue-chip SOFIX falling by 0.19% to 866.45 points, bourse data showed.
On Thursday, organic foods producer and distributor Smart Organic [BUL:SO] moved its shares to the main market of the Sofia bourse from the BEAM growth market. The company's shares closed 5.53% higher at 21.00 levs.
SOFIX was set back by First Investment Bank, or Fibank, [BUL:FIB], which plunged 10.64% to 4.20 levs, and farming group Agria Group Holding [BUL:AGH], which lost 2.13% to 23.00 levs.
The two companies also dragged down the BGBX40, which tracks the 40 most traded shares on the Sofia bourse, by 0.12% to 172.29 points. The index was additionally impacted by a 5.85% drop in fuel retailer Petrol [BUL:PET] to 0.885 levs.
The BGTR30 index, in which companies with a free float of at least 10% have equal weight, sank 0.58% to 859.84 points on the back of the declines at Fibank and Agria Group. It was also pressed by energy and insurance group Eurohold Bulgaria [BUL:EUBG], which slipped by 1.30% to 1.52 levs.
A 4.27% tumble in biometric identification security systems developer Biodit [BUL:BDT] to 1.12 levs mostly constrained the BEAMX. The index, which tracks the ten most highly capitalised growth companies, slid 1.08% to 97.27 points.
Meanwhile, the BGREIT index, which tracks seven real estate investment trusts, ended flat at 191.05 points after none of the constituents to trade posted any changes from the previous day's close.
Total turnover on the main market of the Sofia bourse slumped to some 4.88 million levs ($2.7 million/2.5 million euro) on Thursday from 10.76 million levs on Wednesday. Friday will be a non-trading day for the BSE due to a national holiday.
Fibank was the day's top stock by turnover, which came in at 230,639 levs as 54,914 shares changed hands.
(1 euro = 1.95583 levs)
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