A Bad Start For Indexes, BG40 Slips Under 200 Points

Bulgarian indexes suffered serious losses this morning on bad international news and bad performance of US and Asian indexes, which fell close to three-year lows.
Minutes after trading started SOFIX was 8.2% down to 818.4 points – it's lowest level in more than two years.
The broad BG40 also suffered a serious slide, of nearly 6% to 195 points.
Chimimport was among the top decliners early this morning – the stock plunged 11.3% to 5.5 leva apiece. A transaction was made at 5.15 leva as well.
Orgachim is 10% down so far this morning to 121.05 points, while shares in Central and Cooperative Bank depreciated to 2.7 leva.
Lead and Zinc Complex fell 11.1% to 20 leva apiece.
Monbat lost 72% to 9.45 leva at a significant turnover of 22,500 shares.
Elma was among the few stocks in positive turf. Shares are up 15% so far this morning.
The negative sentiment on the local stock market may be attributed entirely to the unfavorable international situation. Dow Jones fell 449.36 points (4.06%) yesterday to 10 609.66.
On Monday the US blue-chips index dropped 504 points, which was its largest loss since September 2001. On Tuesday it added 141 points on FED's decision to keep interest rates unchanged.