March 9 (SeeNews) - The Bulgarian Stock Exchange said on Monday that it has decided to exclude financial and insurance group Eurohold Bulgaria [BUL:4EH] and software company Sirma Group Holding [BUL:SKK] from the base of its blue-chip SOFIX index as of March 23.
The two companies will be replaced by industrial group Stara Planina Hold [BUL:5SR] and its affiliate hydraulic equipment manufacturer M+S Hydraulic [BUL:5MH].
Eurohold shares closed 11.35% lower at 1.25 levs ($0.73/0.64 euro) on Monday, while Sirma Group Holding shares fell 3.11% to 0.436 levs. Stara Planina Hold shares lost 6.42% to 5.10 levs, while M+S Hydraulic ended 4.07% lower at 5.90 levs.
The wider BGBX40 index, which tracks the 40 most traded shares on the Sofia bourse, will have three new members as of March 23 - Aktiv Properties REIT [BUL:5AX], Velgraff Asset Management [BUL:1VX] and Rodna Zemya Holding [BUL:6R2]. They will replace Holding Nov Vek [BUL:6N3], Severcoop Gamza Holding [BUL:6S4] and Bravo Property Fund REIT [BUL:BPY].
The BGTR30 index, in which companies with a free float of at least 10% have equal weight, will get six new members as of March 23 - Rodna Zemya Holding [BUL:6R2], Aktiv Properties REIT [BUL:5AX], Himsnab Bulgaria [BUL:58E], Speedy [BUL:0SP], Industrial Capital Holding [BUL:4I8] and Capital Management REIT [BUL:5CQ].
The BGREIT index, which tracks real estate investment trusts, will keep its base unchanged.
(1 euro = 1.95583 levs)