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Sofia exchange SOFIX index starts week in green backed by Sopharma, Doverie

Author Mario Tanev
Sofia exchange SOFIX index starts week in green backed by Sopharma, Doverie Photo: Bulgarian Stock Exchange / All rights reserved.

SOFIA (Bulgaria), April 15 (SeeNews) - The Bulgarian Stock Exchange blue-chip SOFIX index edged up 0.05% on Monday, snapping a two-day losing run, as drug maker Sopharma [BUL:3JR] and diversified group Doverie United Holding [BUL:5DOV] rose most among SOFIX members.

Sopharma shares advanced 2.35% to 3.48 levs on Monday, while Doverie United Holding gained 2.27% to 2.70 levs. Sopharma was Doverie United Holding's largest shareholder at the end of 2018, with a stake of 33.24%.

The rise in Sopharma and Doverie United Holding shares was partially offset by lender First Investment Bank [BUL:5F4] and financial and insurance group Eurohold Bulgaria [BUL:4EH], which lost 3.85% and 2.63%, respectively.

Battery maker Monbat [BUL:5MB] was the top gainer among Sofia-listed companies on Monday, adding 3.15% to 6.55 levs.

Monbat is a member of the the wider BGBX40 index and the equally-weighted BGTR30 index.

The BGBX40, which tracks the 40 most traded shares on the Sofia bourse, increased 0.10% to 114.97 points, while the BGTR30, in which companies with a free float of at least 10% have equal weight, dropped 0.04% to 500.93 points. 

The BGREIT index, which tracks real estate investment trusts, edged up 0.05% to 120.82 points on Monday, solely due to a 0.27% rise in the share price of Advance Terrafund REIT [BUL:6A6].

Total regulated market trading turnover fell to 242,000 levs ($140,000/124,000 euro) on Monday from 263,000 levs on Friday.

(1 euro = 1.95583 levs)