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Sofia bourse indices rebound on gains in Eurohold Bulgaria, Allterco

Sofia bourse indices rebound on gains in Eurohold Bulgaria, Allterco Photo: Bulgarian Stock Exchange / All rights reserved.

SOFIA (Bulgaria), June 24 (SeeNews) - All Bulgarian Stock Exchange (BSE) indices finished the trading week in green territory, with the blue-chip SOFIX posting the biggest increase, of 1.29% to 614.28 points, hours after Bulgarian lawmakers voted to conditionally lift the country's veto on North Macedonia's EU accession talks.

Energy and insurance group Eurohold Bulgaria [BUL:EUBG] led the gainers among SOFIX constituents, contributing to rises also in the BGBX40 index, which tracks the 40 most traded shares on the Sofia bourse, and in the BGTR30, in which companies with a free float of at least 10% have equal weight.

Eurohold Bulgaria added 4.81% to 2.18 levs as 14,000 company shares were traded.

The BGTR40 rose 1.13% to 144.13 points whereas the BGTR30 advanced 0.61% to 739.48 points.

The three indices were also positively influenced by a 3.68% climb in Allterco [BUL:A4L], which ended at 18.30 levs after 2,970 shares changed hands at an average price of 17.94 levs.

Chimimport [BUL:CHIM] was the biggest decliner amongst blue-chip companies, slipping back 1.11% to 0.89 levs, while Fairplay Properties REIT [BUL:FPP] erased the most out of constituents of the wider BGBX40 index. The property investment trust declined 9.03% to 0.70 levs with 2,200 shares traded.

The smallest gain was registered by the BGREIT index, which tracks real estate investment trusts, and which edged up 0.14% to 178.48 points, driven up by a 0.69% increase in Advance Terrafund REIT [BUL:ATER] to 2.91 levs.

Total turnover on the main market of the BSE slightly fell, to 5.77 million levs ($3.1 million/2.95 million euro ) on Friday from 6.64 million levs on Thursday.

Pharmaceutical firm Tchaikapharma High Quality Medicines [BUL:THQM] was the most liquid stock as it accounted for nearly 30% of the total turnover. Tchaikapharma generated turnover of 1.7 million levs in a trading volume of 110,500 before closing flat at 15.40 levs on the floor of the Sofia bourse on Friday.

(1 euro = 1.95583 levs)

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