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Sofia bourse indices close mixed, turnover surges fourfold

Sofia bourse indices close mixed, turnover surges fourfold Photo: Bulgarian Stock Exchange / All rights reserved.

SOFIA (Bulgaria), May 26 (SeeNews) - The four equity indices of the Bulgarian Stock Exchange (BSE) ended mixed on Thursday, with the blue-chip SOFIX closing in green territory, bourse data showed.

The SOFIX edged up 0.36% to 610.42 points, buoyed by gains in Chimimport [BUL:CHIM] and Doverie United Holding [BUL:DOH].

Chimimport closed 5.91% higher at 0.93 levs as 6,270 shares changed hands, while Doverie climbed 5.21% to 7.68 levs in a trading volume of 15,456.

First Investment Bank [BUL:FIB], or Fibank, paced the decliners among the SOFIX and BGTR30 constituents, slipping 6.48% to 2.02 levs as 6,000 company shares were bought and sold.

The BGTR30, under which companies with a free float of at least 10% have equal weight, finished 0.07% lower at 731.66 points.

Turnover on the main market of the BSE jumped to roughly 24.4 million levs ($13.4 million/12.5 million euro) on Thursday from 6.67 million levs a day earlier.

Velgraf Asset Management [BUL:VAM] was the most liquid stock on the Sofia bourse, generating 859,888 levs and closing flat at 4.46 levs per share.

The BGBX40 index, which tracks the 40 most traded shares on the Sofia bourse, also ended Thursday's session unchanged from the previous day, at 145.11 points. Fairplay Properties REIT [BUL:FPP] was the index's biggest gainer, notching a rise of 8.33% to 0.65 levs. Cable manufacturer Emka [BUL:EMKA], on the other hand, declined 6.67% to 3.64 levs in a trading volume of 277.

The BGREIT, which tracks seven real estate investment trusts, was the other index which ended the day in red territory, dropping 0.56% to 180.23 points, mostly due to a 2.54% decline in Advace Terrafund REIT [BUL:ATER] to 3.46 levs.

(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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