SeenewsSeenews
Search
Seenews
AlertsSeenewsSeenews
Searchclose
TOPICS
arrow
COUNTRIES
arrow
INDUSTRY
arrow
Economy
arrow
Browse Economy
Mix and match your focus countries with our advanced search
Investments
arrow
Browse Investments
Mix and match your focus countries with our advanced search
Deals
arrow
Browse Deals
Mix and match your focus countries with our advanced search
Tech
arrow
Browse Tech
Mix and match your focus countries with our advanced search
Green
arrow
Browse Green
Mix and match your focus countries with our advanced search
0/5
You have 5 free articles left this month
You have 0/5 free articles
Sign up to get 5 more free articles this month
SIGN UP
arrow
LOGIN
arrow

Sofia bourse indices extend gains, turnover soars on Elea trades

May 8, 2024, 7:01:55 PMArticle by Mihaela Miteva
share
May 8 (SeeNews) - All five indices of the Bulgarian Stock Exchange (BSE) rose further on Wednesday, with the blue-chip SOFIX climbing 0.74% to 829.14 points, bourse data showed.

Sofia bourse indices extend gains, turnover soars on Elea trades
Image source: Pixabay.

SOFIX was spurred on by diversified group Chimimport [BUL:CHIM], which surged 7.46% to 0.72 levs, and Central Cooperative Bank [BUL:CCB], which jumped 7.24% to 1.63 levs.

The two companies also drove up the BGBX40, which tracks the 40 most traded shares on the Sofia bourse, and the BGTR30, in which companies with a free float of at least 10% have equal weight. Both indices were additionally supported by a 6.21% increase in software developer Sirma Group Holding [BUL:SGH] to 0.77 levs.

Overall, the BGBX40 index grew by 0.79% to 167.84 points, while the BGTR30 leapt 1.17% to 831.64 points.

The BGREIT index, which tracks seven real estate investment trusts, went up 0.08% to 189.84 points. It was lifted by a 1.20% gain in Advance Terrafund REIT [BUL:ATER] to 3.38 levs.

A 5.26% advance in venture capital firm Webit Investment Network [BUL:WIN] to 0.80 levs mostly buoyed the BEAMX. The index, which tracks the ten most highly capitalised growth companies, added 0.57% to 98.32 points.

Total turnover on the main market of the BSE soared to 2.46 million levs ($1.35 million/1.26 million euro) on Wednesday from 660,658 levs on Tuesday.

Investment company Elea Capital Holding [BUL:RDNA] generated the highest turnover of the day, at some 1.37 million levs, after 50,600 shares changed hands. The stock closed flat at 27.00 levs.

(1 euro = 1.95583 levs)

Your complete guide to the emerging economies of Southeast Europe. From latest news to bespoke research – the big picture at the tip of your fingers.