BSE Indexes Post Second Decline in April

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BSE Indexes Post Second Decline in April

All four indexes of the Bulgarian Stock Exchange (BSE) ended today's session with losses. The broader BG40 index skidded 1.58% lower to 340.64 points, while the SOFIX blue-chip index slipped by 1.18% to 1,204.48 points. The BGREIT and BGTR30 indexes closed 0.36 and 0.99% lower at 96.17 and 805.66 points, respectively.

This is the second decline for each of the four indexes in the first three sessions of April. Deals were sealed on 134 positions today, while BSE's total trading turnover amounted to 5.147 mln leva (2.63 mln euros).

A total of 24 companies, accounting for 60% of BG40's constituents, ended the session with losses. Fourteen of the 19 blue chips also closed in negative territory.

Lead & Zinc Complex's stock price continues to go down. The stock lost over 10% of its value today closing at 42.31 leva per share. Sopharma and Albena shed 2.08 and 1.79% of their value closing at 6.12 and 88.51 leva per share.

Road construction companies also ended the day with losses. Holding Roads' stock depreciated by 3.89% to 915.20 leva per share, while Moststroy slipped by 6.99% to 105.32 leva per share. Trace Group Hold skidded 1.55% lower to 112.36 leva per share.

Fuel distributor Petrol advanced by 14.89% to 4.86 leva per share, while insurer Euroins' stock appreciated by 0.84% to an average of 9.60 leva per share. Industrial Capital Holding and Albena Invest Holding closed 1.07 and 0.63% higher at 8.48 and 16.02 leva per share, respectively.

Photo: BGNES/EPA

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