Ninth Decline For Indexes This Year

Ninth Decline For Indexes This Year

Indexes ended the ninth trade session of 2008 with declines. So far this year, Bulgarian indexes have not advanced on a weekly basis.

The blue chip SOFIX lost 1.54% to 1634.61 points after reaching 1600.54 at one point today.

The broad BG40 fell 1.80% to 478.78 points, and BGTR30 dropped 1.63% to 1036.47 close to its base level. BGREIT, which reflects the stocks of real estate investment trusts, lost 0.20% to 103.34 points.

Investors were actively selling Lead and Zinc Complex shares today. As a result, the latter dropped 4.52% to an average of 82.58 leva, close to its September levels.

Shares of the Stara Zagora-based Trace Group Hold fell 7.27% to an average of 219.31 leva, several deals were made at 210 leva. A total of 3,782 shares changed hands today.

Holding Patishta lost 4.19% to 1,399.57 leva and Moststroy dropped 8.17% to 215.64 leva.

Among the blue chips, Chimimport fell 3.21% to 13.86 leva, and Industrial Holding Bulgaria declined 2.05% to 10.05 leva.

Alcomet dropped 4.86% to 15.28 leva at a turnover of 2,530 shares. Eurohold Bulgaria lost 2.15% to an average of 6.37 leva. A lower price has only been recorded in August.

SOFIX and BG40 have lost around 7.5% since the start of 2008.

Daily turnover today stood at a little over 6.6 mln leva (3.374 mln euros).

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