July 23 (SeeNews) - The Bulgarian Stock Exchange blue-chip SOFIX index edged down 0.06% on Tuesday, as software group Sirma Group Holding [BUL:SKK] erased 3.33% to 0.725 levs.
Last week, Sirma Group Holding hit an all-time low closing price of 0.62 levs. However, in the three trading sessions following the share buyback announcement, Sirma Group Holding shares gained 17.2%, closing at 0.75 levs on Monday.
The other major blue-chip decliner was industrial group Stara Planina Hold [BUL:5SR], which closed 0.88% lower at 5.60 levs.
On Monday, Stara Planina Hold said that its consolidated sales revenue decreased by an annual 3.17% to 121.5 million levs in the first six months of 2019.
Sirma Group Holding was also the biggest decliner among members of the BGTR30 index, in which companies with a free float of at least 10% have equal weight. The index closed the session 0.11% lower at 507.80 points.
The wider BGBX40 index, which tracks the 40 most traded shares on the stock exchange in Sofia, lost 0.12% to 114.56 points, hit by a 5.38% decrease in the share price of car battery maker Elhim Iskra [BUL:52E].
On Monday, Elhim Iskra said that it booked sales revenue of 19.6 million levs and a gross profit of 648,000 levs in the first half of 2019. In the first half of last year, Elhim Iskra posted sales of 20.1 million levs and a gross profit of 359,000 levs, the company reported at the time.
The BGREIT index, which tracks real estate investment trusts, increased 0.31% to 126.79 points, solely due to a 1.58% rise in the share price of its largest member by market capitalisation - Advance Terrafund REIT [BUL:6A6].
Total regulated market trading turnover dropped to 156,000 levs ($89,000/80,000 euro) on Tuesday from 195,000 levs on Monday.
(1 euro = 1.95583 levs)