SOFIX and BG40 Close Higher

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SOFIX and BG40 Close Higher

After fluctuating in both directions SOFIX and BG40 managed to close on positive territory today. SOFIX added 0.07% to 1198.97 points and BG40 climbed 0.98% to 330.94.

BGREIT and BGTR30 on the other hand declined. The indicator mirroring the performance of the 12 real estate investments trusts on BSE lost 0.26% to 94.52 points, while BGTR30 fell 0.19% to 801.55.

Trade was not very active and resulted in a daily turnover of just 3.45 mln leva (1.76 mln euros). 35 out of 114 active positions closed with gains. The value of block and other agreed transactions stood at 118,000 leva.

The center of today's attention today was, of course, FIBank. The bankruptcy rumors had a negative impact on the stock.

After a plunging in the morning, shares managed to rebound a little, but still closed 2.6%down to an average of 6.73 leva. 114,988 shares changed hands in 399 transactions.

Elma continues to advance this week as well. The shares of the Troyan-based company added 9.79% to an average of 4.71 leva today at a turnover of 1,160 shares. The stock has added 25% the recent days, from 3.77 to 4.71 leva.

Sopharma Trading's market capitalization grew 5.49% after 10,100 shares changed hands at an average of 4.61 leva apiece.

The positive trend on the position of Petrol was sustained today. The stock added 1.66% to 9.79 leva, which is a record high for the fuel distributor. There was a transaction at 10 leva as well, a total of 9,482 shares changed hands today.

Billboard has performed well ever since the publishing of the Q1 report. Today the stock climbed another 3.86% to 11.63 leva.

Enemona rose 0.10% to 19.39 leva. Lomsko Pivo, on the other hand, lost 2.13% to 3.22 leva apiece after 11,000 shares changed hands.

Decliners as a whole outnumbers advancers today. Zaharni Zavodi was also in the first group, losing 5.42% to 9.24 leva.

HES slipped 3.49% to 22.36 leva at a turnover of 1,732 shares.

Zarneni Hrani Bulgaria also closed on the red -2.71% to 2.51 leva.

The list of decliners also included Chimimport, CCB, Oil and Gas Exploration and Production. Monbat, Eurohold Bulgaria and Synergon Holding also declined amid thin volumes.

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