January 12 (SeeNews) - The share indices of the Bulgarian Stock Exchange (BSE) closed lower on Wednesday, dragged down by a 6.40% drop in battery manufacturer Monbat [BUL:MONB], bourse data showed.
As many as 10,132 shares in Monbat changed hands at an average price of 5.8929 levs on the Sofia bourse on Wednesday.
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The drop in Monbat's share price also drove lower the blue-chip SOFIX index, the BGBX40 index, which tracks the 40 most traded shares on the Sofia bourse, and the BGTR30 index, in which companies with a free float of at least 10% have equal weight.
The SOFIX fell 0.56% to 647.06 points, the BGBX40 lost 0.66% to 144.93 points, while the BGTR30 went down 0.63% to 694.76 points.
Total turnover on the BSE's main market declined to 1.15 million levs ($671,400/588,000 euro) from 1.7 million levs on Tuesday.
The most traded company on Wednesday was Premier Fund REIT [BUL:PREM]. A total of 32,500 shares in the REIT changed hands 0.87% higher at an average price of 11.60 levs, contributing 377,000 levs of the turnover for the day.
The BGREIT index, which tracks seven real estate investment trusts, closed 0.20% lower at 161.80 points, due to a 0.97% drop in the share price of Bulgarian Real Estate Fund REIT [BUL:ATER].
(1 euro = 1.95583 levs)