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Sofia bourse indices close evenly mixed, Korado Bulgaria leads decliners

Sofia bourse indices close evenly mixed, Korado Bulgaria leads decliners Photo: Bulgarian Stock Exchange / All rights reserved.

SOFIA (Bulgaria), June 10 (SeeNews) - Two of the four main indices on the Bulgarian Stock Exchange (BSE) ended the trading week in decline, with First Investment Bank, or Fibank, [BUL:FIB] setting the tone for blue-chip losers, bourse data showed.

The SOFIX index inched down 0.04% to 620.06 points, with losses hedged by a 2.95% rise in Chimimport [BUL:CHIM] to 0.97 levs ($ 0.52/0.49 euro) with 4,180 shares bought and sold.

Fibank declined 1.96% to 2.0 levs as 1,850 units were traded, weighing down on the the BGTR30 index, under which companies with a free float of at least 10% have equal weight.

The BGTR30, however, ended 0.04% higher at 738.44 points, in part also due to a 2.82% advance in Eleven Capital [BUL:11C] to 18.20 levs.

Despite a 3.57% loss in steel radiator manufacturer Korado Bulgaria [BUL:KBG] to 6.75 levs in a trading volume of 520, the BGBX40, which tracks the 40 most traded shares on the Sofia bourse, remained in green territory. The performance of the index was pinpointed by an 8.75% jump in Industrial Capital Holding [BUL:HIKA] to 3.48 levs.

The BGREIT, which tracks seven real estate investment trusts, erased the most on Friday, slipping 0.19% to 179.22 points, as Bulgarian Real Estate Fund [BUL:BREF] shed 0.84% to 2.36 levs in a trading volume of 5,661 shares.

Total turnover on the BSE's main market slightly improved to 1.49 million levs on Friday from 1.19 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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