December 19 (SeeNews) - The SOFIX index, which tracks the most capitalised and liquid companies listed on the Bulgarian Stock Exchange, closed Wednesday's trading session 0.42% lower at 589.65 points, hit by a 4.2% decrease in the share price of construction firm Trace Group Hold [BUL:T57].
Trace Group Hold ended at 2.74 levs, as only 88 shares in the company changed hands in a single deal on Wednesday.
The other top decliners were software developer Sirma Group Holding [BUL:SKK] and diversified group Chimimport [BUL:6C4], which lost 3.66% and 2.51%, respectively.
Overall, the biggest drops in share price on Wednesday were recorded by farming group Agria Group Holding [BUL:A72] and diversified holding Industrial Capital Holding [BUL:4I8].
Agria Group Holding's shares erased 9.09% to 10 levs on Wednesday. The company's share price spiked 19.57% last week as local Commerce acquired a 0.85% stake in the company at a weighted average price per share of 10.972 levs, with the last deal priced at 11.0 levs. Following the transactions, Commerce held a 25.80% stake in Agria Group Holding.
Industrial Capital Holding shares ended 4.88% lower at 2.34 levs, erasing their 5.13% rise in the preceding trading session.
The share price drop of Agria Group Holding and Industrial Capital Holding dragged both the BGBX40 and the BGTR30 indices down on Wednesday.
The BGBX40, which tracks the 40 most traded shares on the Sofia bourse, fell 0.57% to 115.02 points, while the BGTR30, in which companies with a free float of at least 10% have equal weight, shedded 0.70% to 492.76 points.
The BGREIT index, which hit an all-time high value of 119.34 points on Monday, posted back-to-back losing sessions, closing 0.05% lower at 118.34 points on Wednesday.
Regulated market turnover fell sharply to 481,000 levs ($281,000/246,000 euro) on Wednesday from 1.45 million levs on Tuesday.
(1 euro = 1.95583 levs)