First Weekly Gain for SOFIX Since May 13

First Weekly Gain for SOFIX Since May 13

The first July session on BSE saw most indexes closing in the red. SOFIX (-0.58%, 411.36 points), BGTR30 (-1.12%, 333.59 points) and BGREIT (-0.10%, 52.49 points) closed down. BG40 was the only index to close up today (+0.21%, 126.82 points).

Total turnover stood at 947 000 leva. Investors continued selling ELARF Fund. The stock lost 0.726 leva/share at a turnover of 262 000 shares.

Industrial Holding Bulgaria fell by 5.26% to 0.96 leva at a turnover of 13 133 shares.

Advance Terafund added some 2.90% to 1.493 leva/share.

Sviloza saw the stock price tumbling by some 12% to 1.10 leva.

Euroins stock gained 3.55% to 1.43 leva.

48 stocks were traded today, 22 of which closed higher and 5 stayed flat.

SOFIX posted its first weekly gain since May 13. The index climbed by 0.58% since June 24. BG40 (+0.54%, 126.82 points) and BGREIT (+7.87%, 52.49 points) are also up on a weekly basis. BGTR30 is down (-0.32%, 333.59 points).

Three indexes posted losses in June. The pressure on the market started in the early spring. SOFIX (-4.03%), BG40 (-2.01%) and BGTR30 (-4.03%) are down in June while BGREIT posts a 6.79% monthly gain.

So far into 2011 indexes are climbing as follows: SOFIX (+13.53%), BG40 (+10.57%), BGREIT (+21.08%) and BGTR30 (+9.91%).

BGREIT sees and impressive 36% hike so far into 2011.

Compared to the same month last year indexes performed as follows: SOFIX (+10.74%) , BG40 (+18.8%), BGREIT (+35.81%) and BGTR30 (+18.12%).

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