SOFIX Up In Sixth Consecutive Week
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Another positive week ended on BSE. All four indexes closed higher - SOFIX (+0.50%, 428.73 points), BG40 (+0.97%, 131.37 POINTS), BGREIT (+1.35%, 48.10 points) and BGTR30 (+0.44%, 355.43 points).
Total turnover on Friday stood at 1.6 million leva. 73 stocks were traded today, 38 of which closed with gains and 6 remained unchanged.
Trade with Todoroff shares continues to be in the center of attention. After a few days of sales, the stock added 23.59% today and closed at 0.262 leva.
The stock is still 35% down in February.
The company's CEO Ivan Todorov yesterday told Profit.bg that he has not been selling the stock. The other major shareholder in the company - Expat Group, who owns 18.52%, declined to comment.
Yurii Gagarin stock rose by 6.71% to 43.75 leva. The company said they intend to invest 12 million leva in production improvements this year. 2010 profit stood at 5.93 million leva, which is a 77% gain y/y.
Corporate Commercial Bank stock added 4.11% to 76 leva. M+S Hydraulic rose 2% to 7.07 leva.
The blue chip index SOFIX posted its sixth week of gains, closing +1.02% for the week. The other indexes also preformed well - BG40 (+2.31%), BGREIT (+1.43%) and BGTR30 (+2.11%).
Indexes are also up on a weekly basis - SOFIX (+7.68%), BG40 (+7.03%), BGREIT (+4.29%) and BGTR30 (+7.47%).
Their year on year gain is even more impressive - SOFIX (+18.32%), BG40 (+7.03%), BGREIT (+4.29%) and BGTR30 (+17.11%).
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