Holding Roads was the biggest gainer among the blue chips on the Bulgarian Stock Exchange (BSE) in the last ten trading sessions. The stock of the company appreciated by nearly 56% over the period. Investors widely expect that Holding Roads will be assigned a great part of the construction of the Trakia motorway.
The bulls are now raging on BSE after the SOFIX blue-chip index hit an 18-month low of 1,119.9 points on May 8.
The index has advanced by 13.3% in the last 10 trading sessions but is still far from last October's all-time high of over 1,952 points.
The news that the trading through the new Xetra platform will kick off on June 16 was the most likely reason for yesterday's positive session.
There were sell-offs on the position of Orgachim at a price of around 300 leva per share after the company released is first quarter report in the beginning of May. The stock has added over 28% to its value since then.
Chimimport also contributed significantly to SOFIX's advance after the stock of the company added 25.6% to its value over the period.
Sparky Eltos was the only blue chip not to post gains for the period. The stock of the company depreciated by 0.23% in the last ten trading sessions.
A total of nine of the 19 companies included in the calculation of the SOFIX advanced by less than 10% each over the period. Other six stock have added between 10 and 20% each to their value in the last ten trading sessions.
|Company||May 8||May 20||Change|
|Corporate Commercial Bank||82.24||87.25||6.09%|
|Lead& Zinc Complex||40.78||46.18||13.24%|