Bank Stock Sell-Offs on Monday

Bank Stock Sell-Offs on Monday

The week started with sell-offs of bank stocks on the Bulgarian Stock Exchange (BSE). FIBank's stock depreciated by 3.85%, to 2.40 leva per share, after 81,000 shares changed hands. Central Cooperative Bank's stock price went down by 1.85% to 1.06 leva per share. Bulgarian-American Credit Bank (BACB) was the biggest decliner on the day after its stock shed 3.13% to 4.02 leva per share.

Trade in the rights, issued as part of the capital increase of BACB, will kick off on August 31. The bank plans to raise its capital from 12 to 24 mln leva at an issue value of 4 leva per share.

Expectations, surrounding Bulgartabac-Holding affected the stock of the company. Today is the final day for the deposit and the binding offer for the acquisition of the state's stake in the holding. The only candidate buyer is BT Invest, bacled by Russia's VTB.

Bulgartabac's stock appreciated by 2.24%, to 27.5 leva per share.

More than 155,000 common shares in Chimimport traded hands on Monday. The stock closed 0.05% up at 2.20 leva per share.

SOFIX ended Monday's session 0.17% down at 372.83 points, while BG TR30 slipped by 0.03% to 312.62 points. BG 40 advanced by a modest 0.01% to 121.64 points, while BGREIT gained 1.14% to 48.07 points.

A total of 52 issues were traded on the day with 23 of the companies posting stock price gains. BSE's overall turnover came close to 983,000 leva on the day.

Facebook Коментари

Добави коментар

Екипът на Ви благодари, че използвате кирилица за вашите коментари.
В случай, че коментарът Ви съдържа нецензурни квалификации и лични нападки или обиди на расова, сексуална, етническа или верска основа, той ще бъде изтрит от модератора на сайта.

Абонирайте се за електронния
информационен бюлетин на