The Forthcoming IPOs Cooled Down Spirits On The BSE
The forthcoming IPOs scheduled to tke place in October and November had a negative impact on today's trade. Indexes declined and the turnover stood at 19.649 mln leva (10.046 mln euros), compared with 10.227 mln leva (5.228 mln euros) yesterday.
Trace group Hold's IPO will take place on October 26 between 9.00 and 16.00h, a publication in the State Gazette earlier today revealed. Yesterday Billboard AD said their IPO will be filed in November. Herti and Hidroizomat have are also planning their bourse debut for November.
With more than 30,000 shares transferred Monbat and Chimimport declined 2.15% and 1.10%, respectively, to 30.49 leva and 17.14 leva. Orgachim and Lead and Zinc Complex lost 2.75% and 3.18% to 771.26 and 113.66 leva.
Petrol and Sopharma also ended on negative territory. The stocks dropped 0.42% and 1%, respectively, to 4.68 leva and 8.90 leva.
Asenova Krepost and Moststroy advanced – 6.59% and 14.94%, respectively, tp 52.76 leva and 2727.02 leva, while Holding Patishta gained 4.35% to 38 264,39 leva.
6,190 shares of Web Media Group changed hands today at prices between 2.75 and 3.14 leva, which 1.04% lower than yesterday.