November 15 (SeeNews) - The Bulgarian Stock Exchange's benchmark SOFIX index held on to a 0.16% gain amid low trading turnover on Thursday, despite a decline in Trace Group Hold [BUL:T57] share price, which left the company at a six-year low.
The SOFIX ended Thursday's trading session 0.96 points higher at 595.74 points, posting back-to-back winning sessions.
Trace Group Hold closed 3.40% lower at 2.84 levs, extending its losses for the month to 12.3% - well beyond correction territory.
The SOFIX was mainly backed on Thursday by industrial group Stara Planina Hold [BUL:5SR], which gained 3.03% to 6.8 levs, thus ending a three-day losing streak for the stock and leading it to a 0.74% gain overall this week.
The other major gainer among BSE's 15 blue chips was Bulgarian Real Estate Fund REIT (BREF) [BUL:5BU], which added 1.05% to 1.92 levs, breaking even for the week.
BREF was most traded among blue chips, as 58,563 shares in the company changed hands in 8 deals worth a total of 111,000 levs. However, total trading turnover shrank to 357,000 levs on Thursday from 19.6 million levs on Wednesday, when trading in corporate bonds formed 98% of the total turnover.
BREF was also the main contributor to a 0.31% rise in the BGREIT index. The BGREIT, which tracks the performance of real estate investment trusts (REITs), ended the session at 117.35 points, around 1.0% away from an all-time high.
The other driver for the BGREIT's growth was Advance Terrafund REIT [BUL:6A6] - the index's largest component in terms of market capitalisation, which added 0.52% to 1.95 levs.
The wider BGBX40 index, which tracks the 40 most traded shares on the Sofia bourse, gained 0.45% to 117.11 points, backed by a 9.84% rise in the share price of aluminium products maker Alcomet [BUL:6AM], which hit a 1-month high.
The BGTR30 index, in which companies with a free float of at least 10% have equal weight, closed 0.25% higher at 498.49 points, as Industrial Capital Holding [BUL:4I8] rose most among its components - by 3.13%.
(1 euro = 1.95583 levs)