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Sofia stock indices post back-to-back losing sessions

Nov 26, 2019, 5:31:15 PMArticle by Mario Tanev
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SOFIA (Bulgaria), November 26 (SeeNews) - Bulgarian Stock Exchange indices started the week with two consecutive losing sessions, further extending the losses they have accumulated in November.

Sofia stock indices post back-to-back losing sessions
Author: Bulgarian Stock Exchange / All rights reserved.

The blue-chip SOFIX index lost 0.52% to 545.79 points on Tuesday, after dropping 0.47% on Monday. The index now sits 2% below its end-October value.

Diversified group Chimimport [BUL:6C4] was largely responsible for the benchmark's decrease on Tuesday, as the holding company erased 2.38% to 1.64 levs. Chimimport is the third-largest constituent of the market capitalisation-weighted SOFIX index.

The wider BGBX40 index, which tracks the 40 most traded shares on the Sofia bourse, decreased 0.23% to 108.41 points, while the BGTR30 index, in which companies with a free float of at least 10% have equal weight, slid 0.18% to 493.21 points.

The BGREIT index, which tracks real estate investment trusts, closed 0.26% lower at 128.22 points.

Total regulated market trading turnover fell to 139,000 levs on Tuesday from 176,000 levs on Monday.

(1 euro = 1.95583 levs)

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