Stocks Decline In Thin Trade

Stocks Decline In Thin Trade

Today was another negative day for stocks on BSE. The blue chips index SOFIX lost 1.07% to 1193.11 points.

The broad indicator BG40 fell 1.83% to 321.74 points while daily turnover stood at nearly 5 mln leva (2.556 mln euros), of which 1.5 mln leva was generated on the market of bonds.

Orgachim was one of the top decliners among the blue chips, losing 4.61% to 301.93 leva at a turnover of 843 shares.

Doverie United Holding plunged 5.17% and closed at 7.97 leva. Lead and Zinc Complex lost 2.56% to 38 leva/share.

Other holdings that ended on negative territory today are Industrial Holding Bulgaria and Synergon Holding, which slipped 1.69% and 1.61% to 7.14 leva and 8.29 leva respectively.

Chimimport added a tiny 0.32% to 9.95 leva at a turnover of 6,610 shares.

Infrastructural companies stocks are also down today – Holding Roads lost nearly 3% to 1024.10 leva and Trace Group Hold dipped 2.17% to 135.70 leva.

More than 220,000 shares changed hands on the position of CBA Asset Management at an average of 3.30 leva, or 4.76% up from opening.

Insurance and reinsurance company Bulstrad also failed to resist the pressure of today's sell-offs and shares dropped 4.76% to 205.3 leva.

Today's trade session, which is also the fourth one after the launching of XETRA trading platform, will be remembered with low liquidity and thin trade.

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