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Sofia bourse indices reverse gains, turnover slips

Dec 1, 2022, 5:33:31 PMArticle by Antonia Kokalova-Gray
share
December 1 (SeeNews) - All but one of the four main indices of the Bulgarian Stock Exchange (BSE) finished in red territory on Thursday, with the blue-chip SOFIX slipping by 0.27% to 601.80 points, having passed the 600-point mark a day earlier.

Sofia bourse indices reverse gains, turnover slips
Photo: Bulgarian Stock Exchange / All rights reserved.

The SOFIX was buoyed by a 2.51% rise in IoT products maker Allterco [BUL:A4L] to 20.40 levs along with a 2.14% climb in software developer Sirma Group Holding [BUL:SGH] to 0.715 levs.

The top SOFIX decliner was Chimimport [BUL:CHIM], which erased 4.61% to 0.786 levs in a trading volume of 30,425 shares.

A 17.32% tumble in Fairplay Properties REIT [BUL:FPP] to 0.74 levs pushed the BGBX40 index, which tracks the 40 most traded shares on the Sofia bourse, down 0.11% to 138.22 points.

Meanwhile, a 5.24% increase in Sopharma Trading [BUL:SFT], coupled with the gain in Allterco, helped the BGTR30 index, in which companies with a free float of at least 10% have equal weight, remain the only index not to register a decline on the day. The BGTR30 ticked up by 0.13% to 726.50.

The BGREIT, which tracks seven real estate investment trusts, edged down 0.03% to 181.73 points as Advance TerraFund [BUL:ATER] lost 0.98% to 3.02 levs.

The top stock by turnover was Sopharma Trading, which generated 369,935 levs with 61,451 shares traded. The stock closed at 6.02 levs.

Total turnover on the main market of the Bulgarian Stock Exchange declined to 1.53 million levs ($821,221/782,276 euro) on Thursday from 1.93 million levs on Wednesday.

(1 euro = 1.95583 levs)

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