SOFIX Hits Year Low on Wednesday

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SOFIX Hits Year Low on Wednesday

There was bad news for BSE investors again on Wednesday. The state may help destroy whatever confidence has remained on the markets, analysts say.

Labor minister Totyu Mladenov said earlier today that "the assets of professional retirement funds will pass under the control of a newly founded state specialised fund, controlled by the National Social Security Institute." Even if Mladenov made a mistake (meaning that the installments (not the assets) of retirement funds will pass under the control of the new state fund) the fact that the cash flow towards private funds will end is no good news for investors.

Investors run away from BSE today which brought SOFIX to a year low. The blue chip index lost more than 2% to 354.45 points.

BG40 wiped out more than 1% to 112.25 points.

BGTR30 lost more than 2% to 283.55 points and BGREIT fell 0.88% to 41.51 points.

Total turnover was almost 2.52 mln.leva. 79 stocks were traded today, 22 closed on positive turf.

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Пазари

% Стойност
  • SOFIX 726.440 0.94%
  • BGREIT 117.330 -0.29%
  • BGTR30 566.530 0.43%
  • BGBX40 137.890 0.55%
Ask Bid
  • EUR/USD 1.1776 1.1777
  • GBP/USD 1.2804 1.2806
  • USD/JPY 109.3660 109.3780
  • USD/CHF 0.9685 0.9687
  • USD/CAD 1.2579 1.2580
  • AUD/USD 0.7891 0.7893
  • USD/BGN 1.6601 1.6604
Ask Bid
  • DOW JONES 21883.84 21887.84
  • S&P500 2452.02 2452.52
  • NASDAQ 4705.68 4706.68
  • CAC 40 5133.00 5135.00
  • DAX 12223.00 12225.00
  • FTSE 100 7377.54 7379.04
  • ПЕТРОЛ 48.64 48.69
  • ЗЛАТО 1286.49 1286.99
  • СРЕБРО 17.00 17.03

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