BSE Indexes Advance in Thin-volume Trade

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BSE Indexes Advance in Thin-volume Trade

It looks like the investors on the Bulgarian Stock Exchange (BSE) did not believe Minister of Economy Traicho Traykov about the privatization of Bulgartabac Holding. There were no trades on the position of the holding company today. Only 20 shares in the company traded hands yesterday, while the stock closed at 21.00 leva per share valuing the company at 154.71 mln leva.

BSE indexes posted gains in thin trade today: SOFIX (+0.89%, to 451.26 points), BG 40 (+0.36%, to 122.54 points), BG REIT (+2.18%, to 48.76 points) and BGTR30 (+0.78%, to 343.28 points).

BSE's overall turnover came exceeded 653,000 leva. A total of 63 issues were traded on the day with 37 of the companies posting stock price gains.

The bankings stocks ended the day mixed. Advancers included Central Cooperative Bank (+2.85%, to 1.48 leva) and First Investment Bank (+2.42%, to 2.76 leva). Decliners were Corporate Commercial Bank (-2.20%, to 59.00 leva) and Bulgarian-American Credit Bank (-1.67%, to 17.70 leva per share).

Chimimport's preferred shares were not traded on the day. The traded volume on the position of Eurohold amounted to 710 shares. The stock of the company appreciated by 3.12%, to 1.49 leva.

Decliners on the day also included infrastructure companies Holding Roads (-0.18%, to 2.80 leva) and Trace Group Hold (-0.28%, to 71.10 leva). Moststroy was not traded.

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