Indexes Advance For Second Day in a Row

Indexes Advance For Second Day in a Row

All four indexes on BSE closed on positive territory. SOFIX added 0.07% to 1152.69 points, and BG40 rose 0.82% to 309.4 points. BGREIT and BGTR30 advanced 0.43% and 0.44% to respectively 93.76 and 776.56 points.

BSE's turnover reached the impressive 15.32 mln leva (7.83 mln euros). Trade in Prime Property BG REIT contributed greatly to the large daily turnover – some 7.72 mln shares changed hands on the position at an average of 1.54 leva, or a total of 9.57 mln leva (48.9 mln euros).

45 out of the 105 stocks traded today closed higher. The value of block and other agreed transactions stood at 472,479 leva.

It was another positive day for Central Cooperative Bank, whose stock added 1.01% to 5 leva at a turnover of 171,020 shares.

Sopharma gained 2.55% to 6 leva after 3,250 shares traded hands today.

Oil and Gas Exploration and Production on the other hand surged 6.65% to 8 leva.

The negative trend that started on the position of Synergon Holding continued today. The holding lost 1.1% to close at 7.82 leva.

Industrial Holding Bulgaria lost 2.6% to 6.75 leva.

Petrol shares plunged some 5.84% to 8.7 leva.

Neochim appreciated by 1.49% to 74.10 leva at a turnover of 13,037 shares. Te day was also very good for Web Media Group, which added 11.53% to 3 leva at a turnover of 15,695 shares.

The news around cigarette makers Slantse Stara Zagora Tabac and Plovidv Cigarette Factory boosted the stock prices. The shares in the Stara Zagora-based company jumped 17.6% to 13.10 leva and those of the Plovdiv factory soared 77.75% to 17.75 leva.

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