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Sofia stock indices rise, Lavena shares plunge 9.57%

Author Mario Tanev
Sofia stock indices rise, Lavena shares plunge 9.57% Photo: Bulgarian Stock Exchange / All rights reserved.

SOFIA (Bulgaria), September 18 (SeeNews) - Bulgarian Stock Exchange indices closed higher on Wednesday, mainly backed by a 2.10% rise in the share price of software group Sirma Group Holding [BUL:SKK].

Despite the overall upbeat mood on Wednesday, cosmetics maker Lavena [BUL:4L4] saw its share price drop 9.57%. Earlier on Wednesday, Lavena said that its CEO Konstantin Shalamanov has acquired 23,400 shares in the company at a price of 3.76 levs apiece. 

The blue-chip SOFIX index closed the session 0.29% higher at 580.65 points. Besides Sirma Group Holding, other major gainers included Industrial Holding Bulgaria [BUL:4ID] and Elana Agrocredit [BUL:0EA], which added 1.96% and 1.75%.

The wider BGBX40 index, which tracks the 40 most traded shares on the Sofia bourse, gained 0.17% to 113.59 points, while the BGTR30 index, in which companies with a free float of at least 10% have equal weight, rose 0.22% to 507.53 points.

The BGREIT index, which tracks real estate investment trusts, closed 0.21% higher at 126.61 points.

Total regulated market trading turnover dropped to some 480,000 levs ($271,000/245,000 euro) on Wednesday from 1.91 million levs on Tuesday.

(1 euro = 1.95583 levs)