Investors on the Bulgarian Stock Exchange (BSE) are getting euphoric. This happens just days before the reporting period for the forth quarter of 2010 and for the entire last year.
Three of BSE's indexes advance in Tuesday's session. BG TR30 was the biggest gainer on the day (+1.25%, to 331.76 points), followed by SOFIX (+1.17%, to 391.83 points) and BG 40 (+0.99%, to 121.99 points). BG REIT was the only decliner on the day slipping by 0.86% to 46.12 points.
BSE's overall turnover came to 1.58 mln. leva. Trades in REITs accounted for 605,000 leva of the total. The traded volume on the position of Park REIT amounted to 422,000 shares for a total of 255,309 leva. (0.605 leva per share, +9.80%), while 276,218 shares in Advance Terrafund changed hands for a total price of 333,671 leva (1.21 leva per share, -1.54%).
A total of 80 issues were traded on the day with 50 of the companies posting stock price gains.
Oil and Gas Exploration and Production was among the best performers on the day. The stock of the company appreciated by 9.59%, to 3.20 leva per share. A TOTAL Of 3,950 shares in the company traded hands.
Some of the other advancers on the day also included BG Agro (+9.86%, to 1.549 leva), Agria Group Hold (+6.22%, to 4.25 leva) and Zarneni Hrani Bulgaria (+6.13%, to 0.675 leva).
Neochim's advance continued on Tuesday. The stock of the company added 4.62% to its value closing at 36.5 leva per share.
Stara Planina Hold closed 1.49% up at 3.40 leva per share on the day, while Hydraulic Elements & Systems advanced by 1.21% to 9.2 leva per share. Elhim Iskra gained 1.43%, to 3.043 leva per share.
EMKA was among the day's best performers after the stock of the company appreciated by more than 9% to 3.60 leva per share, while Alcomet gained 2.08% to 5.90 leva per share.
Billbord ended the day 2.23% up at 0.919 leva per share.
Some of the decliners on the day included Severcoop Gamza Holding (-28.24%, to 0.681 leva per share), Energoremont Holding (-6.82%, to 9.001 leva), Bulfarian River Shipping (-4.63%, to 1.42 leva) and Toplivo (-3.22%, to 4.50 leva).