BSE Indexes Post Weekly Losses

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BSE Indexes Post Weekly Losses

The indexes of the Bulgarian Stock Exchange (BSE) ended the last session of the week lower.

The SOFIX blue-chip index slipped by 1.51% to 468.97 points, while the broader BG40 shed 2.16% to 128.38 points. The two indexes posted their third straight declines.

BGREIT closed 1.87% down at 49.24 points, while BGTR30 lost 2.26%, closing at 355.39 points.

BSE's overall turnover exceeded 2 mln leva, while the value of the over-the-counter trades topped 3.2 mln leva.

A total of 95 issues were traded on the day with only 13 companies posting stock price gains.

A total of 121 864 shares in Industrial Holding Bulgaria traded hands on the day. The stock depreciated by 4.72% to 2.14 leva per share.

Corporate Commercial Bank was the only gainer among banks on BSE on the day. The stock of the bank appreciated by 2.73% to 56.00 leva per share.

Decliners on the day included Central Cooperative Bank (-3.09%, to 1.44 leva), First Investment Bank (-1.4%, to 2.88 leva) and Bulgarian-American Credit Bank (-1.79%, to 19.20 leva)

BSE's four indexes posted weekly losses. SOFIX was the biggest decliner losing 4.5% of its value over the week. The other declines were as foolows: BG40 (-3.97%) BGREIT (-1.17) and BGTR30 (-3.41%).

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