The indexes of the Bulgarian Stock Exchange (BSE) posted losses in the last day of a difficult week for the capital market. None of the companies included in the calculation of the broader BG40 index advanced over the period. The top decliners lost over 14% of their value each in the last five sessions.
The wave of optimism sweeping through the western markets in the last two days barely had an effect on the local market. The news on the possible freezing of the EU funding for Bulgaria maybe had a negative effect.
The value of the transactions sealed on BSE today amounted to a mere 1.76 mln leva. The SOFIX index slipped by 1.42% to 1021.02 points today, extending its weekly loss to 6.54%. The BG40 index shed more than 7% over the week.
The stock prices of Holding Varna A and М+S Hydraulic dropped by 14.83% and 14.32% on a weekly basis to an average of 24 and 7.36 leva per share, respectively.
Orgachim and Doverie United Holding were the other two biggest losers over the week. Orgachim's stock depreciated by 13.08% to 243.22 leva per share, while Doverie's holding shed 12.64% to 6.41 leva per share.
Aroma, Kaolin and Moststroy also posted losses exceeding 10% over the week.
Lomsko Pivo was the only company that managed to end the week flat. A total of 34 shares in the company traded hands today at a price of 3.10 leva apiece. The stock advanced by over 5% on the day.
Trace Group Hold's stock price went up by 4% to 111.50 leva today.
Nearly 35,000 shares in Alcomet traded hands on the day. The stock depreciated by 6% to 5.55 leva per share.
Lead&Zinc Complex managed to end today's session in positive territory. The stock of the company added 4.15% to its value closing at 27.6 leva per share.
|Company||July 11||July 18||Change|
|Holding Varna A||28.18||24||-14.83%|
|Doverie United Holding||6.41||5.6||-12.64%|
|Central Cooperative Bank||4.48||4.07||-9.15%|
|Bulgarian River Shipping||4.5||4.09||-9.11%|
|Odessos Ship Repair Yard||231.03||210.44||-8.91%|
|Albena Invest Holding||12.03||11.11||-7.65%|
|Industrial Capital Holding||8.19||7.74||-5.49%|
|First Investment Bank||6.29||6.02||-4.29%|
|Bulgarska Roza Sevtopolis||1.93||1.85||-4.15%|
|Stara Planina Hold||5.01||4.83||-3.59%|
|Corporate Commercial Bank||90.83||87.73||-3.41%|
|Bulgarian Holding Company||5.63||5.5||-2.31%|