October 9 (SeeNews) - Blue-chip lenders fell most among constituents of the main SOFIX index of the Bulgarian Stock Exchange on Tuesday, as trade in shares in Bulgarian Real Estate Fund REIT (BREF) [BUL:5BU] formed 63% of the total regulated market turnover.
First Investment Bank [BUL:5F4] lost 4.43% to 3.67 levs in a limited trading volume of just 80 shares. First Investment Bank shares last traded on October 5, when they gained 2.95%.
Central Cooperative Bank [BUL:4CF] posted the second sharpest decline, of 1.42% to 1.735 levs, in their first trade since October 3. A total of 38,170 shares in the lender changed hands in 39 deals.
BREF REIT was the most traded blue chip, as four deals in its shares generated a turnover of 617,930 levs. Just over 320,000 shares in the REIT changed hands on Tuesday - the largest single-day trading volume in BREF REIT shares since October 24, 2017.
Total trading turnover on the Sofia bourse regulated market edged down to 1 million levs ($586,300/511,300 euro) on Tuesday from 1.2 million levs on Monday.
The BGREIT index, which tracks the performance of real estate investment trusts (REITs), closed unchanged at 117.65 points, as the 0.52% rise in share price of BREF REIT was offset by a 0.50% drop in Advance Terrafund [BUL:6A6] shares.
The wider BGBX40 index, which tracks the 40 most traded shares on the Sofia bourse, lost 0.35% to 120.75 points, dragged down by the drop in First Investment Bank share price.
The BGTR30 index, in which companies with a free float of at least 10% have equal weight, declined 0.20% to 515.53 points.
(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