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Sofia bourse indices start week in green, Allterco shines

Sofia bourse indices start week in green, Allterco shines Photo: Bulgarian Stock Exchange / All rights reserved.

SOFIA (Bulgaria), August 15 (SeeNews) - The main indices of the Bulgarian Stock Exchange (BSE) started the week in positive territory, with the blue-chip SOFIX index adding 0.50% to 622.29 points on the back of an increase in IoT devices developer Allterco [BUL:A4L].

Allterco gained 3.57% to 20.30 levs. The company was also the most traded stock on Monday, with as many as 2,964 shares changing hands at an average price of 20.21 levs.

The most traded company was Agria Group Hold [BUL:AGH], which closed 0.67% higher at 30.00 levs in a trading volume of 12,287 shares, contributing almost half of the total turnover, or 368,610 levs.

Total turnover on the BSE's main market further declined to 674,470 levs ($351,450/344,850 euro) on Monday from 799,653 levs on Friday.

Allterco's gain also supported a rise in both the BGBX40 index, which tracks the bourse's 40 most traded shares and the BGTR30 index, in which companies with a free float of at least 10% have equal weight.

The BGBX40 ticked up 0.21% to 143.36 points, also due to a 2.56% rise in Alcomet [BUL:ALCM] to 8.00 levs.

Meanwhile, the BGTR30 edged up 0.12% to 745.64 points, supported by a 2.19% increase in Doverie United Holding [BUL:DUH] to 7.48 levs.

The BGREIT index, which tracks seven real estate investment trusts, gained the least, closing just 0.06% higher at 185.36 points, as Advance Terrafund REIT [BUL:ATER] climbed 0.34% to 2.697 levs.

(1 euro = 1.95583 levs)