November 7 (SeeNews) - Two of the four main indices of the Bulgarian Stock Exchange closed in red territory on Monday, with the blue-chip SOFIX falling by 0.15% to 592.98 points on losses at IoT company Allterco [BUL:A4L] and hydraulic equipment manufacturer M+S Hydraulic [BUL:MSH].
Allterco declined by 2.56% to 19 levs with 11,613 shares traded. Meanwhile, M+S Hydraulic decreased 2.22% to 8.80 levs.
You can download the 2023 Automotive industry in Southeast Europe report here
The losses could not be offset by Telelink Business Services Group [BUL:TBS], which gained 2.08% to 12.25 levs.
Allterco and M+S Hydraulic also dragged the BGTR30 index, in which companies with a free float of at least 10% have equal weight. As a result, the index closed 0.08% lower at 712.45 points.
In contrast, the BGBX40 index, which tracks the 40 most traded shares on the Sofia bourse, climbed by 0.05% to 137.06 points. The positive performance was driven by poultry producer Gradus [BUL:GR6], which rose by 3.82% to 1.36 levs. Additionally, battery manufacturer Monbat [BUL:MONB] rose by 3.39% to 4.88 levs.
Finally, the BGREIT index, which tracks seven real estate investment trusts, increased by 0.28% to 178.18 points. The only gainer in the index was Advance Terrafund REIT [BUL:ATER], which climbed by 1.37% to 2.97 levs with 4,498 shares traded.
Total turnover on the BSE's main market fell to 536,554 levs ($274,100/274,336 euro) on Monday from 949,590 levs on Friday. The bulk of the turnover, or 220,647 levs, was generated by Allterco.
(1 euro = 1.95583 levs)