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Sofia bourse blue-chip index falls further despite Eurohold bounceback

Author Mario Tanev
Sofia bourse blue-chip index falls further despite Eurohold bounceback Author: Bulgarian Stock Exchange / All rights reserved.

SOFIA (Bulgaria), October 9 (SeeNews) - The Bulgarian Stock Exchange blue-chip SOFIX index posted back-to-back losing sessions, dropping 0.32% to 559.26 points on Wednesday.

Financial and insurance group Eurohold Bulgaria [BUL:4EH] posted an 8.14% rise in its share price on Wednesday following an 8.51% decrease on Tuesday.

During a press conference earlier on Wednesday, the chairman of Eurohold's supervisory board said in response to a SeeNews question that the company is interested in the acquisition of the assets of Czech energy group CEZ in Romania, as part of its broader strategy for expanding in the energy segment in the region.

All other blue chips closed either lower or unchanged on Wednesday.

First Investment Bank [BUL:5F4] led the way with a 3.92% decrease, followed by battery maker Monbat [BUL:5MB] which erased 3.08%.

The wider BGBX40 index, which tracks the 40 most traded shares on the Sofia bourse, fell 0.20% to 110.96 points, while the BGTR30 index, in which companies with a free float of at least 10% have equal weight, rose 0.12% to 501.21 points.

The BGREIT index, which tracks the performance of real estate investment trusts, lost 0.10% to 127.29 points.

Total regulated market trading turnover rose to 479,000 levs on Wednesday from 226,000 levs in the preceding trading session.

(1 euro = 1.95583 levs)