Sirma Group, Fibank lift Sofia share indices

Sirma Group, Fibank lift Sofia share indices
Sirma Group, Fibank lift Sofia share indices

May 9 (SeeNews) – Four of the five indices of the Bulgarian Stock Exchange (BSE) ended in the green on Thursday, with the blue-chip SOFIX climbing 0.46% to 832.94 points, exchange data showed.

The top benchmark performer was software developer Sirma Group Holding [BUL:SGH]which jumped 11.04% to 0.855 levs, followed by First Investment Bank, or Fibank, [BUL:FIB]which grew by 2.81% to 3.66 levs.

Sirma Group was also the day’s most liquid stock, generating 336,085 levs ($184,605/171,837 euro) as 393,082 shares traded.

Total turnover on the main market of the Sofia stock slipped to some 2.37 million levs on Thursday from 2.46 million levs a day earlier.

Sirma Group and Fibank further spurred on the BGBX40, which tracks the 40 most traded shares on the Sofia stock, and the BGTR30, in which companies with a free float of at least 10% have equal weight. The biggest gainer in the BGBX40 index, however, was fuel retailer Petrol [BUL:PET]which rose 18.18% to 1.04 levs.

Overall, the BGBX40 added 0.23% to 168.22 points, whereas the BGTR30 leapt 0.54% to 836.13 points.

The BGREIT index, which tracks seven real estate investment trusts, advanced by 0.16% to 190.14 points, following a 0.81% rise in Bulgarian Real Estate Fund REIT [BUL:BREF] to 2.50 levs.

In contrast, the BEAMX index, which tracks the ten most highly capitalized growth companies, shed 0.68% to 97.65 points. It was mostly driven down by a 6.25% drop in venture capital firm Webit Investment Network [BUL:WIN] to 0.75 levs.

(1 euro = 1.95583 levs)

First Investment Bank AD is among the biggest banks in SEE. You can download our SEE Top 100 ranking here or subscribe to our free Top 100 newsletter here

 
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