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Sofia stock indices close higher, Eurohold leads blue-chip gainers

Author Mario Tanev
Sofia stock indices close higher, Eurohold leads blue-chip gainers Photo: Bulgarian Stock Exchange / All rights reserved.

SOFIA (Bulgaria), November 6 (SeeNews) - The Bulgarian Stock Exchange blue-chip SOFIX index closed in green territory on Wednesday, backed by local groups Eurohold Bulgaria [BUL:4EH] and Holding Varna [BUL:5V2].

The SOFIX gained 0.86% to 557.83 points on Wednesday, rising to a 10-day high.

Eurohold Bulgaria led gainers among SOFIX members, adding 6.25% to 1.7 levs, followed by Holding Varna with a 3.19% share price increase.

The wider BGBX40 index, which tracks the 40 most traded shares on the Sofia bourse, advanced 0.65% to 110.01 points, while the BGTR30 index, in which companies with a free float of at least 10% have equal weight, rose 0.59% to 498.16 points.

Cigarette filters maker Yuri Gagarin [BUL:4PX] backed the BGBX40 as it continued its upbeat trend by adding a further 6.98% to close at 6.9 levs on Wednesday. The company's share price is now up by 26.6% since October 28. Yuri Gagarin reported on October 30 that it has turned to a non-consolidated net loss of 1.1 million levs in January-September from a net profit of 2.3 million levs in the same period of 2018, following a decrease in revenue.

The BGREIT index, which tracks the performance of real estate investment trusts, rose 0.10% to 129.38 points.

Total regulated market trading turnover fell to 915,000 levs on Wednesday from 1.76 million levs on Tuesday.

(1 euro = 1.95583 levs)