March 9 (SeeNews) - The Bulgarian Stock Exchange (BSE) said it will add construction company Trace Group Hold [BUL:T57] and diversified group Holding Varna [BUL:5V2] to its blue-chip index SOFIX as part of the semi-annual rebalancing of the index.
The two companies will replace chemical fertiliser producer Neochim [BUL:3NB] and hydraulic equipment manufacturer M+S Hydraulic [BUL:5MH] in the SOFIX index base as of March 19, the BSE said in a statement late on Thursday.
The SOFIX tracks the 15 most liquid shares on the BSE.
The BSE also revised the composition of two of its other indices.
Speedy [BUL:0SP], Toplivo [BUL:3TV] and Severcoop Gamza Holding [BUL:6S4] will be added to the index base of the broader BGBX40 index. They will replace Yuri Gagarin [BUL:4PX], Bulland Investments [BUL:5BD] and Sparky Eltos [SL9].
Regarding the BGTR30 index, in which companies with a free float of at least 10% have equal weight, the BSE decided to add Sopharma Properties [BUL:6S6], Korado Bulgaria [BUL:4KX] and Synergon Holding [BUL:6S7], which will replace Odessos Shiprepair Yard [BUL:5ODE], Holding Nov Vek [6N3] and Regala Invest [BUL:RGL] in the index base.
No changes will be made to the composition of the BGREIT index which tracks the performance of real estate investment trusts.