SeenewsSeenews
Search
Seenews
AlertsSeenewsSeenews
Searchclose
TOPICS
arrow
COUNTRIES
arrow
INDUSTRY
arrow
Economy
arrow
Browse Economy
Mix and match your focus countries with our advanced search
Investments
arrow
Browse Investments
Mix and match your focus countries with our advanced search
Deals
arrow
Browse Deals
Mix and match your focus countries with our advanced search
Tech
arrow
Browse Tech
Mix and match your focus countries with our advanced search
Green
arrow
Browse Green
Mix and match your focus countries with our advanced search
0/5
You have 5 free articles left this month
You have 0/5 free articles
Sign up to get 5 more free articles this month
SIGN UP
arrow
LOGIN
arrow

Sofia share indices close mixed, Fibank paces blue-chip decliners

Feb 26, 2024, 6:03:54 PMArticle by Mihaela Miteva
share
February 26 (SeeNews) - Three of the five indices of the Bulgarian Stock Exchange (BSE) closed lower on Monday, with the blue-chip SOFIX slipping 0.05% to 785.07 points, bourse data showed.

Sofia share indices close mixed, Fibank paces blue-chip decliners
Image source: First Investment Bank

First Investment Bank, or Fibank, [BUL:FIB] and Bulgarian Real Estate Fund REIT [BUL:BREF] were the top decliners in the benchmark index. Fibank shed 2.80% to 2.78 levs, while BREF fell by 1.52% to 2.60 levs.

The BGREIT, which tracks seven real estate investment trusts, posted the steepest loss of the day, erasing 0.45% to 191.25 points. It was constrained by the tumble at BREF, along with a 1.24% dip in Sopharma Buildings REIT [BUL:SFB] to 15.90 levs.

A 5.45% drop in MFG Invest [BUL:MFG] to 3.12 levs dragged the BEAMX down. The index, which tracks the ten most highly capitalised growth companies, ended the session 0.32% lower at 97.06 points.

In comparison, the BGBX40 index, which tracks the 40 most traded shares on the Sofia bourse, gained 0.06% to 162.31 points. It was lifted by a 5.00% leap in battery manufacturer Monbat [BUL:MONB] to 3.78 levs and a 3.13% increase in diversified group Chimimport [BUL:CHIM] to 0.724 levs.

Chimimport also buoyed the BGTR30, in which companies with a free float of at least 10% have equal weight. The index grew by 0.24% to 810.98 points, additionally spurred on by the Bulgarian Stock Exchange [BUL:BSE], which climbed 2.10% to 14.60 levs.

Total turnover on the main market of the Sofia bourse slumped to 4.04 million levs ($2.2 million/2.1 million euro) on Monday from 28.7 million levs on Friday.

Diversified group Holding Nov Vek [BUL:HNVK] was the day's top stock by turnover, generating 909,300 levs with 43,300 shares traded. The company closed 0.96% higher at 21.00 levs.

(1 euro = 1.95583 levs)

Read next

Your complete guide to the emerging economies of Southeast Europe. From latest news to bespoke research – the big picture at the tip of your fingers.