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Sofia bourse indices rise, Sopharma drives blue-chip gains

Jun 19, 2024, 5:50:14 PMArticle by Mihaela Miteva
share
June 19 (SeeNews) - All five indices of the Bulgarian Stock Exchange (BSE) ended in the green on Wednesday, with the blue-chip SOFIX adding 0.35% to 851.41 points after rises at pharmaceuticals maker Sopharma [BUL:SFA] and software developer Sirma Group Holding [BUL:SGH].

Sofia bourse indices rise, Sopharma drives blue-chip gains
Photo: Sopharma Business Towers

Sopharma grew by 3.07% to 6.04 levs, while Sirma went up 1.59% to 0.96 levs.

The two companies also boosted 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. The biggest gainer in both indices, however, was venture capital firm Eleven Capital [BUL:11C], which leapt 4.79% to 17.50 levs.

Overall, the BGBX40 index climbed by 0.08% to 168.69 points, whereas the BGTR30 increased by 0.11% to 849.03 points.

The BGREIT index, which tracks seven real estate investment trusts, edged up 0.02% to 189.26 points following a 0.81% rise in Bulgarian Real Estate Fund REIT [BUL:BREF] to 2.48 levs.

Lastly, the BEAMX, which tracks the ten most highly capitalised growth companies, surged 1.19% to 101.52 points on the back of a 5.88% jump in venture capital firm Webit Investment Network [BUL:WIN] to 0.99 levs.

Total turnover on the main market of the Sofia bourse plunged to 935,231 levs ($512,365/478,174 euro) on Wednesday from 4.71 million levs on Tuesday.

Central Cooperative Bank [BUL:CCB] generated the day's highest turnover, of 447,150 levs, from the trade of 271,000 shares. The stock closed flat at 1.65 levs.

(1 euro = 1.95583 levs)

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