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Sofia bourse indices all close higher backed by gains in FIB, Alcomet

Sofia bourse indices all close higher backed by gains in FIB, Alcomet Photo: Bulgarian Stock Exchange / All rights reserved.

SOFIA (Bulgaria), May 27 (SeeNews) - All indices of the Bulgarian Stock Exchange (BSE) closed in positive territory on Friday, supported by increases in the shares of First Investment Bank, or Fibank, [BUL:FIB] and aluminium products manufacturer Alcomet [BUL:6AM], bourse data showed.

The blue-chip SOFIX index added 0.52% to 613.62 points, positively influenced by a 6.93% rise in Fibank.

The bank closed at 2.16 levs as 1,650 shares changed hands on the floor of the BSE on Friday.

Fibank paced the gainers among members of the BGTR30 index, under which companies with a free float of at least 10% have equal weight, as well. The BGTR30 went up 0.83% to 737.71 points.

The BGBX40 index, which tracks the 40 most traded shares on the Sofia bourse, rose by 0.43% to 145.73 points, mainly supported by Alcomet, whose shares jumped 13.33% to 8.50 levs in a trading volume of 3,380.

The BGREIT, which tracks seven real estate investment trusts, closed 0.38% higher on Friday at 180.91 points, supported by increases in Bulgarian Real Estate Fund REIT [BUL:BREF] as well as Advance Terrafund REIT [BUL:ATER].

The most liquid stock on the Sofia bourse was Agria Group Holding [BUL:AGH] which generated turnover of 99,390 levs ($54,430/50,820 euro). The agribusiness company's stock closed flat at 30.0 levs per share as 3,313 units were bought and sold.

Total turnover on the BSE's main market slipped to 690,430 levs on the last trading day of the week, a sharp drop from 24.4 million levs on Thursday.

(1 euro = 1.95583 levs)

First Investment Bank AD is among the biggest banks in SEE, for more reference take a look at Top 100 banks
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