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Sofia bourse indices close lower on 5.7% drop in Eurohold

Sofia bourse indices close lower on 5.7% drop in Eurohold Photo: Bulgarian Stock Exchange / All rights reserved.

SOFIA (Bulgaria), July 19 (SeeNews) - The four main share indices of the Bulgarian Stock Exchange (BSE) all declined on Tuesday, chiefly dragged down by a drop of 5.66% in energy and insurance group Eurohold Bulgaria [BUL:EUBG], bourse data showed.

The blue-chip SOFIX index went down by 0.79% to 602.58 points.

As many as 500 Eurohold shares changed hands at an average price of 2.00 levs on the Sofia bourse on Tuesday.

The BGBX40 index, which tracks the 40 most traded shares on the Sofia bourse, erased 0.59% to 140.66 points on losses at Eurohold and hotel operator Albena [BUL:ALB], which declined 4.05% to 28.40 levs with 365 shares traded.

Meanwhile, the BGTR30 index, in which companies with a free float of at least 10% have equal weight, ticked down 0.34% to 733.23 points.

The BGREIT index, which tracks seven real estate investment trusts, slipped 0.30% to 187.97 points due to a 0.79% decrease in Bulgarian Real Estate Fund REIT [BUL:BREF] to 2.50 levs.

Total turnover on the BSE's main market slumped to just 373,768 levs ($195,790/191,105 euro) on Tuesday from 800,585 levs on Monday.

The most traded company was Agria Group Hold [BUL:AGH] which closed flat at 28.00 levs. A total of 2,800 shares in the agricultural producer changed hands at an average price of 28.51 levs, generating 78,400 levs of the BSE's total turnover for the day.

(1 euro = 195583 levs)