November 29 (SeeNews) - Indices on the Bulgarian Stock Exchange ended Thursday trading session on a high note, as shares in fertiliser producer Neochim [BUL:3NB] and construction company Trace Group Hold [BUL:T57] rallied.
Neochim shares soared 10.67% to 33.2 levs at the end of the session, despite the fact that the company announced earlier during the day that it turned to a consolidated net loss of 21.6 million levs in the first nine months of the year from a net profit of 8.0 million levs in the same period of 2017.
However, Neochim shares are still 14% down since the start of November, as the company reported at the end of October that it posted a non-consolidated net loss of 19.8 million levs in January-September.
Trace Group Hold ended the session 3.7% higher at 2.80 levs, rising most among blue chips, cutting its decline for the month to 13.6%.
The blue-chip SOFIX index, which tracks the 15 most liquid and capitalised stocks listed on the BSE, gained 1.2% to 591.74 points. The index is currently 0.85% down for the month.
Besides Trace Group, diversified group Stara Planina Hold [BUL:5SR] and Central Cooperative Bank (CCB) [BUL:4CF] were the main drivers of the index growth. Stara Planina Hold ended 3.08% higher at 6.7 levs, which CCB added 2.74% to 1.5 levs.
The wider BGBX40 index, which tracks the 40 most traded shares on the Sofia bourse, ended the session 0.99% higher at 1145.13 points, backed by the rise in Neochim shares.
Cables maker Emka [BUL:57E] posted the second sharpest rise among BGBX40 components, of 5.74%, followed by Trace Group.
The BGTR30 index, in which companies with a free float of at least 10% have equal weight, rose 0.89% to 490.36 points, as Neochim and Trace Group rose most among its components.
The BGREIT index, which tracks the performance of real estate investment trusts (REITs), gained 0.25% to 116.89 points, solely due to a 1.28% increase in the share price of Advance Terrafund REIT [BUL:6A6] - the biggest constituent of the index in terms of market capitalisation.
Total trading turnover rose to 345,000 levs on Thursday from 283,000 levs on Wednesday.
(1 euro = 1.95583 levs)
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