You have 10 free articles left this month. Get your freeBasic subscription now and gain instant access to more.

Sofia bourse blue-chip index falls, CCB leads decliners

Author Mario Tanev
Sofia bourse blue-chip index falls, CCB leads decliners Author: Bulgarian Stock Exchange / All rights reserved.

SOFIA (Bulgaria), August 9 (SeeNews) - The Bulgarian Stock Exchange blue-chip SOFIX index edged down 0.03% to 583.63 points on Friday, largely due to a 2.09% decrease in the share price of lender Central Cooperative Bank (CCB) [BUL:4CF].

Other notable decliners among blue chips on Friday were financial and insurance group Eurohold Bulgaria [BUL:4EH] and poultry producer Gradus [BUL:GR6], which lost 1.49% and 0.87%, respectively.

CCB also led decliners among members of the wider BGBX40 index and the equally-weighted BGTR30 index on Friday.

The BGBX40, which tracks the 40 most traded shares on the stock exchange in Sofia, fell 0.02% to 114.82 points, while the BGTR30, in which companies with a free float of at least 10% have equal weight, slid 0.11% to 507.71 points.

The BGREIT index, which tracks real estate investment trusts, decreased 0.15% to 126.42 points. Bulgarian Real Estate Fund REIT [BUL:5BU] shares erased 0.50% to 1.99 levs, while Advance Terrafund REIT [BUL:6A6] shares closed 0.26% lower at 1.94 levs.

Total regulated market trading turnover soared to some 2.96 million levs ($1.7 million/1.5 million euro) on Friday from just 163,000 levs on Thursday. Turnover on Friday was boosted by five trades in Holding Nov Vek [BUL:6N3] shares, worth a total of 2.85 million levs.

(1 euro = 1.95583 levs)