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Sofia bourse blue-chip index climbs up, Sopharma leads gainers

Sofia bourse blue-chip index climbs up, Sopharma leads gainers Author: Bulgarian Stock Exchange / All rights reserved.

SOFIA (Bulgaria), January 28 (SeeNews) - The blue-chip SOFIX index of the Bulgarian Stock Exchange (BSE) ended the week 0.45% higher at 614.44 points, positively influenced by a 2.25% increase in the share price of drug maker Sopharma [BUL:SFA], bourse data showed on Friday.

As many as 300 shares in Sopharma traded at an average price of 4.5133 levs on the floor of the Sofia bourse on Friday.

The BGBX40 index, which tracks the 40 most traded shares on the Sofia bourse, added 0.48% to 140.22 points, while the BGTR30 index, in which companies with a free float of at least 10% have equal weight, went up 0.90% to 689.95 points. Both indices were mostly backed by an 11.52% rise in the shares of fertiliser maker Neochim [BUL:NEOH], which followed a 44.74% gain in the previous trading session.

On Thursday, Neochim said that it recorded a non-consolidated net profit of 51.5 million levs ($29.4 million/26.3 million euro) in 2021, up from 15.1 million levs profit booked in 2020 as revenue increased to 357.2 million levs from 229.4 million levs.

The BGREIT index, which tracks seven real estate investment trusts, fell 0.25% to 166.20 points due to a 1.97% decline in Bulgarian Real Estate Fund REIT [BUL:BREF].

Total turnover on the BSE's main market went down to 1.1 million levs on Friday from 6.7 million levs on Thursday.

The most traded company was Toplofikatsia-Burgas [BUL:TPLB], the heating utility serving the Bulgarian coastal city of Burgas. As many as 340,000 shares in the company traded flat at an average price of 1.5600 levs, generating 530,400 million levs of the turnover for the day.

(1 euro = 1.95583 levs)

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