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Sofia bourse blue-chip index climbs up, Industrial Holding Bulgaria shares rebound

Sofia bourse blue-chip index climbs up, Industrial Holding Bulgaria shares rebound Photo: Bulgarian Stock Exchange / All rights reserved.

SOFIA (Bulgaria), October 13 (SeeNews) - The blue-chip SOFIX index of the Bulgarian Stock Exchange (BSE) added 0.58% to 572.57 points on Wednesday, backed by a 5.21% increase in the share price of Industrial Holding Bulgaria [BUL:ÏHB], bourse data showed.

On Tuesday, Industrial Holding Bulgaria's shares shed 4% of their price, making the company the top decliner among the members of the SOFIX, the BGBX40, which tracks the 40 most traded shares on the BSE, and the BGTR30 in which companies with a free float of at least 10% have equal weight.

As many as 20,025 shares in Industrial Holding Bulgaria changed hands at an average price of 2.0179 levs on the floor of the Sofia bourse on Wednesday.

The BGBX40 rose by 0.26% to 132.52 points, supported by the gain in Industrial Holding Bulgaria shares.

The BGTR30 erased 0.06% to 646.93 points, dragged down by a 3.57% decline in the shares of real estate firm Galata Investment Company [BUL:GTH].

The BGREIT index, which tracks seven real estate investment trusts, was unchanged on Wednesday, at 161.39 points.

Total turnover on the BSE's main market rose to 1.8 million levs ($1.1 million/920,300 euro) on Wednesday from 1.6 million levs on Tuesday.

The most traded company on Wednesday was port towage services company Port Flot-Burgas [BUL:PFB]. A total of 155,000 shares in the company traded flat at an average price of 4.0800 levs, contributing 632,400 levs to the daily turnover.

(1 euro = 1.95583 levs)