Holding Companies are BG40's Biggest Gainers in February
Bulgarian Holding Company, Severcoop Gamza Holding and Industrial Capital Holding topped Profit.bg's ranking of the biggest gainers within the broader BG40 index of the Bulgarian Stock Exchange (BSE) during the month of February.
The three holding companies above, along with M+S Hydraulic, were the only stocks to add over 10% to their value in February.
Favorit Hold advanced by over 8% during the last month to outpace Monbat and Eurohold Bulgaria and round out the top 5.
A total of 26 of BG40's constituents ended February with monthly gains, while the remaining 14 closed the month lower.
Petrol and Polimeri were BG40's biggest decliners in February. The companies lost 12,65% and 28,24% of their market capitalization, respectively, during the month.
The BG40 index slipped by 0,15% to 410,02 points during BSE's 21 trading sessions in February.