November 11 (SeeNews) - The blue-chip SOFIX index of the Bulgarian Stock Exchange (BSE) closed 0.14% lower at 602.87 points on Thursday, mainly dragged down by a 1.69% drop in the share price of battery manufacturer Monbat [BUL:MONB], bourse data showed.
As many as 2,188 shares of Monbat traded at an average price of 5.8034 levs on the BSE on Thursday.
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Total turnover on the Sofia bourse's main market rose sharply to 2.8 million levs ($1.6 million/1.4 million euro) on Thursday from 513,300 levs on Wednesday.
The most traded company on Thursday was National Investment Fund Dynamic [BUL:DYN]. A total of 65,350 shares in the fund traded at an average price of 10.2000 levs, generating nearly 666,600 levs of the turnover for the day.
A 4.76% rise in the shares of fertiliser producer Neochim [BUL:NEOH] helped the BGBX40 index, which tracks the 40 most traded shares on the Sofia bourse, and the BGTR30 index, in which companies with a free float of at least 10% have equal weight, close higher on Thursday. The BGBX40 edged up 0.03% to 137.92 points, while the BGTR30 went up by 0.16% to 663.51 points.
The BGREIT index, which tracks seven real estate investment trusts, closed 0.21% higher at 165.02 points due to a 1.02% increase in the shares of Balkan and Sea Properties REIT [BUL:BSP].
Turnover on the Sofia bourse's small and medium-sized enterprise (SME) growth market BEAM amounted to 5.9 million levs on Thursday.
Earlier on Thursday, the BSE said that the initial public offering (IPO) of Sofia-based producer and distributor of organic products Smart Organic on the BEAM market was oversubscribed nearly two times. Smart Organic raised close to 6 million levs in the IPO, the BSE added.
(1 euro = 1.95583 levs)