You have 5 free articles left this month. Get your free Basic subscription now and gain instant access to more.

Sofia bourse SOFIX index edges down, Sopharma leads decliners

Sofia bourse SOFIX index edges down, Sopharma leads decliners Photo: Bulgarian Stock Exchange / All rights reserved.

SOFIA (Bulgaria), June 23 (SeeNews) - The blue-chip SOFIX index of the Bulgarian Stock Exchange (BSE) edged down 0.01% to 550.18 points on Wednesday, following a 4.95% decline in the share price of drug maker Sopharma [BUL:SFA], bourse data showed.

A total of 121,229 shares in Sopharma traded on Wednesday at an average price of 3.62 levs per share.

Another notable decliner among the blue chips was poultry producer Gradus whose shares erased 2.70% of their price. A total 3,970 shares changed hands at an average price of 1.44 levs.

Earlier on Wednesday, Sopharma said that its CEO Ognyan Donev acquired 106,291 shares in the company at a weighted average price of 3.65 levs apiece.

The wider BGBX40 index, which tracks the 40 most traded shares on the Sofia bourse, rose 0.42% to 123.35 points, while the BGTR30, in which companies with a free float of at least 10% have equal weight, advanced by 0.53% to 591.36 points.

Both indices were supported by hefty gains in the shares of Doverie United Holding [BUL:DUH] - of 13.33%.

On Wednesday, 35,648 shares in Doverie United Holding traded at an average price of 6.69 levs on the BSE.

The BGREIT index, which tracks seven real estate investment trusts, went down 0.29% to 153.82 points, mostly due to a 1.46% decrease in the share price of Bulgarian Real Estate Fund REIT [BUL:BREF].

Total turnover on the BSE's main market fell to 1.5 million levs ($917,100/766,900 euro) on Wednesday from 2.8 million levs ($1.7 million/1.4 million euro) on Tuesday.

(1 euro = 1.95583 levs)

Compare