October 17 (SeeNews) - Trade in shares in Advance Terrafund REIT [BUL:6A6] formed a turnover of over 362,000 levs on Wednesday, equal to 59% of the total regulated market turnover during the session on the Bulgarian Stock Exchange.
Advance Terrafund shares closed 0.76% higher at 2 levs - the second sharpest rise among blue chips on Wednesday. On Monday, the REIT announced it has bought 89.5 hectares of agricultural land at an average price of 5,215 euro per ha in September and sold 19.5 ha for an undisclosed price.
Total trading turnover on the regulated market of the bourse declined to 616,300 levs ($363,300/315,100 euro) on Wednesday from 1.6 million levs on Tuesday.
The blue-chip SOFIX index gained 0.12% to 610.26 points, backed by a 1.86% rise in Trace Group Hold [BUL:T57] shares.
Resort operator Albena [BUL:6AB] fell most among blue chips, losing 1.65% to 47.8 levs. Just before Sofia bourse closing hours on Tuesday, Albena announced it has signed a franchise agreement regarding its Paradise Blue Hotel and Spa complex with international chain Maritim Hotels.
Trace Group Hold's gains also supported the wider BGBX40 index, which tracks the 40 most traded shares on the Sofia bourse. The index ended the session 0.03% higher at 119.79 points.
The BGREIT index, tracking the performance of real estate investment trusts (REITs), fell 0.17% to 117.16 points, as Bulland Investments REIT [BUL:5BD] fell most among all companies on the bourse on Wendesday, offsetting the rise in Advance Terrafund shares.
Bulland Investments closed 5.66% lower at 1 lev, after a single deal for 500 shares.
The BGTR30 index, in which companies with a free float of at least 10% have equal weight, fell 0.10% to 508.21 points.
(1 euro = 1.95583 levs)