You have 5 free articles left this month. Get your free Basic subscription now and gain instant access to more.

Sofia bourse blue-chip index falls, Doverie United Holding leads decliners

Sofia bourse blue-chip index falls, Doverie United Holding leads decliners Author: Bulgarian Stock Exchange / All rights reserved.

SOFIA (Bulgaria), September 28 (SeeNews) - The blue-chip SOFIX index of the Bulgarian Stock Exchange (BSE) dropped 0.30% to 570.10 points on Tuesday, mainly dragged down by a 5% decrease in the share price of Doverie United Holding [BUL:DUH], bourse data showed.

A total of 62,289 shares in Doverie United Holding traded at an average price of 7.4312 levs on the floor of the Sofia bourse on Tuesday.

Turnover on BSE's main market fell to some 2.3 million levs ($1.4 million/1.2 million euro) on Tuesday from 3.1 million levs on Monday.

The most traded company on Tuesday was Balkan and Sea Properties REIT [BUL:BSP]. As many as 27,363 shares in the company changed hands flat at an average price of 19.20 levs, contributing some 525,400 levs to the daily turnover.

A 5.19% decline in the share price of power utility CEZ Distribution Bulgaria [BUL:CEZD] weighed on the BGBX40 index, which tracks the 40 most traded shares on the Sofia bourse, and the BGTR30 in which companies with a free float of at least 10% have equal weight. The BGBX40 went down 0.52% to 132.82 points, while the BGTR30 lost 0.42% to 647.10 points.

The BGREIT index, which tracks seven real estate investment trusts, edged up 0.07 % to 160.76 points, due to a 0.90% increase in the share price of Bulgarian Real Estate Fund REIT [BUL:BREF].

(1 euro = 1.95583 levs)

Compare