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Sofia bourse's SOFIX rises, Sopharma shares rebound

Sofia bourse's SOFIX rises, Sopharma shares rebound Photo: Bulgarian Stock Exchange / All rights reserved.

SOFIA (Bulgaria), October 21 (SeeNews) - The blue-chip SOFIX index of the Bulgarian Stock Exchange (BSE) added 0.60% to 576.10 points on Thursday, mostly supported by a 4.71% rebound in the share price of drug maker Sopharma [BUL:SFA], bourse data showed.

A total of 2,893 Sopharma shares changed hands at an average price of 4.0116 levs on Thursday, BSE data showed.

On Wednesday, shares in Sopharma fell 5.45%, making the drug maker the top decliner among members of SOFIX as well as the BGBX40 index, which tracks the 40 most traded shares on the BSE and the BGTR30 index in which companies with a free float of at least 10% have equal weight.

Sopharma's gain also helped the BGBX40 and the BGTR30 close higher on Thursday. The BGBX40 rose by 0.28% to 133.69 points, while the BGTR30 advanced by 0.21% to 651.56 points.

The BGREIT index, which tracks seven real estate investment trusts, closed Thursday's trading session 1.23% lower at 158.59 points, mostly dragged down by a 6.25% decline in the shares of Balkan and Sea Properties REIT [BUL:BSP].

Total turnover on the bourse's main market edged up to 1.6 million levs ($952,800/818,100 euro) on Thursday from 1.5 million levs on Wednesday.

Heating utility company Toplofikatsiya - Burgas [BUL:TPLB] generated nearly 1 million levs of Thursday's turnover as a total of 662,250 shares of the company traded at an average price of 1.5100 levs, down 0.66%.

(1 euro = 1.95583 levs)