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Trace Group Hold leads blue-chip decliners on Sofia bourse, SOFIX falls

Author Mario Tanev
Trace Group Hold leads blue-chip decliners on Sofia bourse, SOFIX falls hxdbzxy/Shutterstock.com

SOFIA (Bulgaria), June 21 (SeeNews) - Construction company Trace Group Hold [BUL:T57] fell the most among blue chips on the Bulgarian Stock Exchange on Thursday, bourse data shows. 

Trace Group Hold shares closed 1.09% lower at 3.62 levs ($2.15/1.85 euro) in a trading volume of 560 shares.

Software developer Sirma Group Holding was the top blue-chip gainer, closing 2.13% higher at 0.96 levs.

Diversified group Chimimport [BUL:6C4] was the most traded blue chip on Thursday, as 7,109 of its shares changed hands during the trading session.

Total trading turnover on the regulated market edged up to 243,820 levs on Thursday from 273,530 levs on Wednesday.

On Monday and Tuesday, a total of 45,217,420 Gradus [BUL:GR6T] shares were subscribed in a two-day IPO, generating a combined turnover of 81.4 million levs.

Gradus' IPO demonstrates that despite the small size of the market and its low liquidity, an established and well developing company could attract significant resources, Nadia Nedelcheva, chief investment officer at local brokerage Karoll Capital Management, told SeeNews. 

The blue-chip SOFIX index fell 0.13% to 631.43 points on Thursday, after rising 0.21% on Wednesday.

The BGBX40 index, which tracks the 40 most traded shares on the Sofia bourse, added 0.11% to 124.32 points, following a 0.01% decrease on Wednesday.

The BG-REIT index, which tracks the performance of real estate investment trusts, grew 0.10% to 114.65 points, after closing 0.21% higher on Wednesday.

The BG TotalReturn30 index, in which companies with a free float of at least 10% have equal weight, rose 0.17% to 521.77 points on Thursday, after falling by 0.02% on Wednesday.

(1 euro = 1.95583 levs)

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