August 6 (SeeNews) - The Bulgarian Stock Exchange blue-chip SOFIX index fell by 0.34% to 433.08 points on Thursday, largely hurt by the two real estate investment trusts (REITs) among its members.
Advance Terrafund REIT [BUL:6A6] fell the most among blue chips, by 1.67%, while Bulgarian Real Estate Fund REIT (BREF) [BUL:5BU] was the fourth biggest decliner, erasing 1.13% of its share price.
The wider BGBX40 index, which tracks the 40 most traded shares on the Sofia bourse, dropped 1.08% to 94.95 points, while the BGTR30 index, in which companies with a free float of at least 10% have equal weight, slid 0.91% to 463.10 points.
The BGREIT index, which tracks seven real estate investment trusts, fell 0.55% to 130.09 points, dragged down by Advance Terrafund REIT and BREF.
Total regulated market trading turnover was higher than usual - 1.7 million levs, with the majority formed by deals in shares in financial and insurance group Eurohold Bulgaria [BUL:4EH]. A total of 757,146 shares in Eurohold changed hands for just under 1 million levs.
Last month, the Sofia Administrative Court said it cancelled a decision by the competition regulator to ban the 335 million euro sale of local assets of Czech group CEZ to Eurohold. The court returned the case to the anti-trust body and requested it to conduct a new probe into the proposed deal in line with the court-prescribed guildelines.
(1 euro = 1.95583 levs)