You have 10 free articles left this month. Get your freeBasic subscription now and gain instant access to more.

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)

Compare