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Sofia bourse indices rise backed by gains in Bulgarian Real Estate Fund REIT, Korado

Sofia bourse indices rise backed by gains in Bulgarian Real Estate Fund REIT, Korado Author: Bulgarian Stock Exchange / All rights reserved.

SOFIA (Bulgaria), April 8 (SeeNews) - All indices of the Bulgarian Stock Exchange (BSE) closed in positive territory on Friday, supported by increases in the shares of Bulgarian Real Estate Fund REIT [BUL:BREF] and steel panel radiators maker Korado-Bulgaria [BUL:KBG], bourse data showed.

The blue-chip SOFIX index went up 0.62% to 627.55 points, positively influenced by a 2.88% rise in Bulgarian Real Estate Fund REIT.

The REIT closed at 2.14 levs as 43,125 of its shares changed hands on the floor of the BSE on Friday.

Bulgarian Real Estate Fund REIT paced the gainers among members of the BGTR30, under which companies with a free float of at least 10% have equal weight, as well. The BGTR30 added 0.34% to 736.77 points.

The BGBX40 index, which tracks the 40 most traded shares on the Sofia bourse, rose by 0.37% to 144.81 points, mainly supported by Korado-Bulgaria, whose shares gained 3.47% to a price of 7.45 levs.

The BGREIT, which tracks seven real estate investment trusts, closed 0.70% higher on Friday, to 177.22 points, mainly due to Bulgarian Real Estate Fund REIT's increase.

Total turnover on the BSE's main market rose slightly to 857,600 levs ($475,300/438,500 euro) from 816,950 levs on Thursday.

(1 euro = 1.95583 levs)

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