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Sep 01, 2023 17:44 EEST
September 1 (SeeNews) - In a trading session that ended in mixed results on Friday, the blue-chip SOFIX was the only one of the four main indices of the Bulgarian Stock Exchange (BSE) to advance, by 0.35% to 758.33 points, bourse data showed.
A 4.91% jump in pharmaceuticals producer Sopharma [BUL:SFA] to 5.98 levs lifted the benchmark index. It offset a 6.72% drop in pharmaceuticals trader Sopharma Trading [BUL:SFT] to 6.25 levs and a 2.13% loss in the Bulgarian Stock Exchange [BUL:BSE] to 9.20 levs.
Sopharma was also the top gainer in the broader BGBX40, which tracks the 40 most traded shares on the Sofia bourse, followed by Telelink Business Services Group, or TBS Group, [BUL:TBS], which added 2.63% to 9.75 levs. However, the decline in Sopharma Trading and a 4.26% tumble at resort operator Albena [BUL:ALB] to 27.00 levs balanced out the results, keeping the BGBX40 unchanged from the previous day's close at 158.79 points.
Similarly, the BGREIT, which tracks seven real estate investment trusts, closed flat at 194.22 points, as the three constituents that traded did not post any changes from Thursday.
In contrast, the BGTR30 index, in which companies with a free float of at least 10% have equal weight, shed 0.62% to 791.61 points. It was set back by the losses at Sopharma Trading and Albena, along with a 2.88% slip at diversified group Stara Planina Hold [BUL:SPH] to 10.10 levs.
Total turnover on the main market of the Bulgarian Stock Exchange soared to 11.9 million levs ($6.6 million/6.1 million euro) on Friday from 1.3 million levs a day earlier.
Most of the turnover, or 9.47 million levs, was generated by real estate investment trust (REIT) Sopharma Properties [BUL:SFI]. The stock closed 1.03% lower at 9.60 levs after 986,243 shares changed hands.
(1 euro = 1.95583 levs)
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