Local Indexes Only Slightly Up, Despite Gains on International Markets

Local Indexes Only Slightly Up, Despite Gains on International Markets

Bulgarian indexes ended the day mixed – SOFIX and BG40 advanced and the two younger indicators closed on negative territory.

Te broad BG40 added 1.4% after hitting a one-year low yesterday. This is also the first gain for the indicator this week.

SOFIX eked a small gain after closing at a 20-month low yesterday. BGREIT fell 1.1% and BGTR30 lost 0.2%.

BSE's daily turnover was relatively high at 10.44 mln leva (5.33 mln leva)

3.8 mln leva from the turnover came from trade in rights and 1.94 mln leva from block transactions.

The local stock market as a whole was not affected by the positive development on the Asian and European markets, with the exception of BG40.

By comparison, the main Romanian indexes added 2.3% today and Hungarian BUX rose 2.1%.

Holding Roads appreciated by 2.8% to 924.71 leva. Today was the last day in which trade on the position entitled investors to new shares from the company's capita increase. The stock will open at 13,03 leva tomorrow.

Today's list of gainers includes Industrial Holding Bulgaria (+2.8%), Odessos Ship Repair Yard (+3%), Oil and Gas Exploration and Production (+6.1%), Petrol (+2.4%) etc.

Stara Planina Hold declined 2.8% and Doverie United Holding lost 2.3%.

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