Banking Stock Sell-offs on BSE on Tuesday

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Banking Stock Sell-offs on BSE on Tuesday

There were banking stock sell-offs on the Bulgarian Stock Exchange (BSE) on Tuesday. A total of 175,043 shares in Central Cooperative Bank traded hands on the day. The stock of the company depreciated by 3.28% to 1.33 leva per share.

The traded volume on the position of First Investment Bank stood at 129 059 shares. The stock shed 2.07% to 2.61 leva per share. Bulgarian-American Credit Bank's stock depreciated by 2.22% to 17.60 leva per share after nearly 2 500 shares traded.

Sopharma (-1.22%, to 4.05 leva) was also among today's decliners. Momina Krepost advanced by 5.63% to 1.69 leva per share.

EMKA's stock price went up by 6.82% to 2.35 leva per share. Billboard was among today's gainers advancing by 7.62% to 1.13 leva per share.

Stara Planina Hold's stock added 1.06% to its value closing today's session at 1.90 leva per share.

BSE's indexes ended the day lower: SOFIX (-1.20%, to 442.29 points), BG 40 (-0.06%, to 119.52 points), BG REIT (-1.07%, to 48.16 points) and BG TR30 (-0.89%, to 336.79 points).

BSE's overall turnover came to 1.24 mln leva. A total of 71 issues were traded on the day with 15 of the stocks posting price gains.

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