Bulgarian Stocks Close Lower Led by Orgachim

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Bulgarian Stocks Close Lower Led by Orgachim

The indexes of the Bulgarian Stock Exchange (BSE) ended the first work day of the week with losses. The broader BG40 index closed 2.7% down at 309.78 points marking the biggest loss on the day. The SOFIX blue-chip index ended the day 0.58% lower at 1,131.82 points.

A total of 85,00 shares in Chimimport traded hands on the day. The stock appreciated by 4.4% to an average of 8.76 leva per share.

Orgachim was the biggest decliner among the blue-chips on Wednesday. A total of 842 shares in the company changed hands today, while the stock depreciated by 14.14% to an average of 312.83 leva per share.

Sopharma was also among BSE's poor performers on Wednesday. The stock of the company shed 5% of its value to 5.88 leva per share. The trading volume on the position stood at 5,500 shares.

A total of 39,000 shares in Industrial Holding Bulgaria were traded on the day, while the stock depreciated by 4.3% to an average of 7.38 leva per share.

Infrastructure companies, such as Holding Roads (-3.28) and Trace Group Hold (-4.9%), were also among BSE's decliners on Wednesday.

BSE's indexes closed lower on today, unlike the upward movement of the global indexes yesterday.

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