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Sofia stock indices end higher as lenders rally

Author Mario Tanev
Sofia stock indices end higher as lenders rally Author: Bulgarian Stock Exchange / All rights reserved.

SOFIA (Bulgaria), February 5 (SeeNews) - Bulgarian Stock Exchange indices ended higher on Tuesday as blue-chip lenders Central Cooperative Bank (CCB) [BUL:4CF] and First Investment Bank (Fibank) [BUL:5F4] saw hefty increases in their share price.

CCB shares ended 2.03% higher at 1.51 levs, while Fibank added 1.97% to 3.62 levs. 

The only other blue-chip gainer on Tuesday was construction company Trace Group Hold [BUL:T57], which closed 0.71% higher at 2.82 levs.

The benchmark SOFIX index, which tracks the 15 most traded and capitalised stocks on the market, rose 0.11% to 579.06 points.

The two lenders were also among the top gainers among members of the wider BGBX40 and the equally-weighted BGTR30.

The BGBX40 gained 0.32% to 114.88 points, while the BGTR30 grew 0.21% to 492.22 points.

The BGREIT index, which tracks real estate investment trusts, closed 0.10% lower at 120.40 points solely due to a 0.51% decline in the share price of Advance Terrafund REIT [BUL:6A6].

Total trading turnover plunged further, to 111,000 levs ($65,000/57,000 euro) on Tuesday from 131,000 levs in the preceding trading session.

(1 euro = 1.95583 levs)