Sofix drops to early-Sep levels
The blue-chip index of the Bulgarian Stock Exchange (BSE), Sofix, continued falling on Friday, losing 1.51% of its value and closing at 468.97 points. Thus the benchmark reached its levels of early September. With only one upward session last week, BSE’s oldest index registered a decline by 4.53% on a weekly basis.
BG40 of the most traded stocks fell 3.98% last week and 2.16% on Friday to 128.38 points. BGTR30 of the best performers in total return lost 3.41%, week on week, closing at 355.39 points. On Friday alone the index slumped 2.26%.
Despite its 1.87-percent drop on Friday, BGREIT of real estate investment trusts was the only index to register an increase on a weekly basis. The index closed at 49.24 points on Friday, up 1.17% for the past five sessions.
Overall, market was bearish, which dragged down the prices of 77% of the traded stocks. Bulls dominated in 14% of the positions, 9% of stocks remained unchanged.
Kapitan Dyado Nikola lost 25% of its market capitalisation, slumping to BGN 18 per share. The first deal in Filtex shares after mid-February boosted the stock price 1,233.33% to BGN 0.40 per unit. Industrial Holding Bulgaria was the most traded position with 121,864 lots changing hands.
Finance