Kaolin, Sparky Eltos and Euroins Enter SOFIX

Kaolin, Sparky Eltos and Euroins Enter SOFIX

The Board of Directors of BSE Sofia has decided to replаce Insurer DZI AD and Biovet AD in the calculation of SOFIX with Kaolin () , Sparky Eltos ()  and Insurer Euroins () , the bourse reported.

The amendment will be in power as of 13 September (Thursday).

Only a day ago BSE said that 22 companies meet SOFIX criteria. These are Advance Terrafund REIT, Albena, Doverie United Holding, Eurohold Bulgaria, Emka, Insurance Company Euroins, Kaolin, Kauchuk, Odessos Ship Repair Yard, Moststroy, Lead and Zinc Complex, Bulgaria River Shipping AD, Plovdiv Yuri Gagarin, Polimeri, Oil and Gas Exploration and Production, St. Konstantin and Elena, Synergon Holding, Sparky Eltos, Stara Planina Hold, Fazerles, Hydraulic Elements and Systems, and Holding Patishta.

In order to be included in the calculation of the index an emission must have been traded on the stock exchange for at least six months prior to its inclusion; its market capitalization must be at least 50 mln leva (25.564 mln euros); the number of shareholders at least 500, and the free-float at least 10%.

The stock of Kaolin added 1.36% to 16.40 leva/share after the news was announced, Sparky Eltos and Euroins gained 0.11% and 0.64% to an average of 17.85 leva, and 17.40 leva, respectively.

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