May 22 (SeeNews) - Stock indices on the Bulgarian Stock Exchange ended higher on Wednesday, backed by a 4.58% rise in the share price of diversified group Doverie United Holding [BUL:5DOV].
Doverie United Holding lost 4.38% of its share price in the preceding trading session, topping decliners among members of the blue-chip SOFIX index, the wider BGBX40 index and the equally-weighted BGTR30 index.
On Monday, Doverie United Holding said that it turned to a consolidated net profit after minority interest of 6.7 million levs in the first quarter of 2019 from a net loss after minority interest of 987,000 levs in the same period of 2018.
The SOFIX index, which tracks the 15 blue chips on the Sofia exchange, rose 0.72% to 572.95 points, as Doverie United Holding's share price rise was complemented by Central Cooperative Bank's [BUL:4CF] and Stara Planina Hold's [BUL:5SR] gains of 3.70% and 3.39%, respectively.
The BGBX40 index, which tracks the 40 most traded shares on the stock exchange in Sofia, advanced 0.45% to 114.22 points on Wednesday, while the BGTR30 index, in which companies with a free float of at least 10% have equal weight, increased 0.53% to 498.67 points.
The BGREIT index, which tracks real estate investment trusts, erased 0.26% to 120.78 points on Wednesday solely due to a 1.32% drop in the share price of its largest constituent by market capitalisation - Advance Terrafund [BUL:6A6]. The index hit an all-time high of 121.79 points last week.
Total regulated market trading turnover plunged to 144,000 levs ($82,000/74,000 euro) on Wednesday from 2.1 million levs on Tuesday.
(1 euro = 1.95583 levs)