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Sofia bourse indices mostly rise, Fibank leads gainers

Sofia bourse indices mostly rise, Fibank leads gainers Photo: Bulgarian Stock Exchange / All rights reserved.

SOFIA (Bulgaria), August 5 (SeeNews) - Three of the four main share indices of the Bulgarian Stock Exchange (BSE) ended the trading week in green territory, with gains in First Investment Bank, or Fibank, [BUL:FIB] helping the blue-chip SOFIX index up by 0.25% to 608.44 points, bourse data showed.

Fibank closed 5.64% higher at 2.06 levs in a trading volume of 17,407 shares.

The gain in Fibank also contributed to increases in both the BGBX40 index, which tracks the 40 most traded shares on the Sofia bourse, and the BGTR30 index, in which companies with a free float of at least 10% have equal weight.

The BGBX40 closed 0.21% higher at 141.70 points, while the BGTR30 advanced 0.46% to 736.86 points.

The two indices were also buoyed by a 3.77% rise in investment firm Eleven Capital [BUL:11C] to 22.00 levs.

Eleven Capital was also the most traded stock on Friday, with as many as 4,875 shares traded at an average price of 21.43 levs and generating about a quarter of the total turnover, or 107,250 levs.

Total turnover on the BSE's main market slipped to 425,755 levs ($221,450/ 217,685 euro) on Wednesday from just over 1.1 million levs on Thursday.

In a repeat of Wednesday's result, the BGREIT index, which tracks seven real estate investment trusts, again did not record any gain and closed flat, at 185.98 points.

(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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