BSE Indexes Post Second Decline This Week
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All four indexes of the Bulgarian Stock Exchange (BSE) ended Tuesday's session in negative territory with three of the indexes dropping by more than 2%.
The SOFIX blue-chip index was the biggest decliner on the day losing 2.38% of its value to 440.43 points. The broader BG40 shed 1.02% to 119.83 points.
BGREIT and BGTR30 lost 2.21% and 2.07% of their value to 47.35 points and 336.85 points, respectively.
BSE's overall turnover remained low at 844,724 leva. The value of the over-the-counter trades amounted to nearly 26,000 leva as at 2.30 p.m.
Stara Planina Hold shed 3.85% on the day closing at 1.75 leva per share. Synergon Holding lost 4.35%, to 2.20 leva per share.
Petrol was the biggest decliners on BSE's Official market on the day. The stock of the company depreciated by 17.12% to 4.09 leva per share. The traded volume on the position came to just 400 shares.
With one exception banking stocks ended today's session lower. The decliners were as follows: Central Cooperative Bank (-3.64%, to 1.43 leva), First Investment Bank (-2.70%, to 2.70 leva) and Bulgarian-American Credit Bank (-0.86%, to 17.30 leva). Corporate Commercial Bank was the only gainer on the day advancing by 2.13% to 60.00 leva per share.
Monbat shed nearly 4% closing at 6.72 leva per share, while another blue chip Sparky Eltos lost 7.50%, to 1.85 leva per share.
Infrastructure companies also posted considerable declines on the day. Holding Roads and Moststroy shed 6.24% and 6.98%, to 2.57 leva and 4.00 leva per share, respectively. Trace Group Hold's stock price went down by 4.04%, to 70.05 leva per share.
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