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Sofia bourse indices drop on losses in Eurohold, Oil and Gas E&P

Sofia bourse indices drop on losses in Eurohold, Oil and Gas E&P Image: BSE Facebook page.

SOFIA (Bulgaria), September 20 (SeeNews) - The share indices of the Bulgarian Stock Exchange (BSE) all closed lower on Tuesday, weighed down by declines in energy and insurance group Eurohold Bulgaria [BUL:EUBG] and Oil and Gas Exploration and Production [BUL:NGAZ], bourse data showed.

The blue-chip SOFIX index erased 0.80% to 601.60 points. Eurohold led the decliners among SOFIX constituents, closing 4.76% lower at 2.00 levs in a trading volume of 300 shares.

The wider BGBX40 index, which tracks the 40 most traded shares on the Sofia bourse, declined 0.81% to 139.14 points, dragged down by Eurohold and an equal 4.76% slide in Oil and Gas Exploration and Production to 7.00 levs.

The BGTR30 index, in which companies with a free float of at least 10% have equal weight, retreated 0.53% to 727.82 points, mostly on the back of losses in Eurohold and diversified group Stara Planina Hold [BUL:SPH], which slipped 2.75% to 8.85 levs.

The BGREIT index, which tracks seven real estate investment trusts, closed 0.24% lower at 181.45 points, brought down by a 0.88% loss in Bulgarian Real Estate Fund REIT [BUL:BREF] to 2.26 levs with 5,618 shares traded.

Central Cooperative Bank [BUL:CCB] was the most traded stock on the BSE on Tuesday, generating a turnover of 95,700 levs. CCB closed 0.58% lower at 1.74 levs with as many as 55,000 shares bought and sold.

Total turnover on the BSE's main market reached 558,019 levs ($284,987/285,310 euro) on Tuesday, up from 269,172 levs on Monday.

(1 euro = 1.95583 levs)

Central Cooperative Bank AD is among the biggest banks in SEE, for more reference take a look at Top 100 banks