SOFIX, BG40 Fall after Two Straight Weekly Gains
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The SOFIX blue-chip index advanced by 1.34%, to 269.28 points. The broader BG40 closed 0.18% higher at 86.73 points. BGREIT and BGTR30 gained 1.42 and 1.61%, to 38.58 and 196.83 points, respectively.
BSE's overall turnover came to 403,000 leva on the day, while the value of the over-the-counter deals exceeded 87 000 leva. A total of 70 issues were traded on the day with 29 of the companies posting stock price gains.
Despite its positive performance on the day SOFIX and BG40 put an end to their two consecutive weekly advances. SOFIX slipped by 2.85% this week, while BG40 skidded 4.38% lower.
BGREIT and BGREIT lost 3.11 and 3.75%, of their value, respectively, over the week.
A total of nine companies included in the calculation of the BG40 index posted stock price gains this week. Industrial Capital Holding was the biggest gainer advancing by 13.07%, to an average of 1.99 leva per share. Monbat's stock appreciated by 10.61%, to 3.96 leva per share.
Three companies lost more than 10% of their market value over the week. These are: Euroins (-17.13%, to 1.5 leva), Industrial Holding Bulgaria (-14.39%, to 1.19 leva) and Orgachim (-11.66%, to 53.09 leva)
See the table for more details on the weekly performance of the stocks included in the calculation of the BG40 index:
Data: BSE
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