September 11 (SeeNews) - Three of the four main Bulgarian Stock Exchange (BSE) finished higher on Monday, except the benchmark SOFIX which recorded a decline of 0.22% to 755.03 points, bourse data showed.
IoT product maker Shelly Group [BUL:SLYG] paced the SOFIX losers, with a 2.90% dip to 43.60 levs. The blue-chip index was further dragged down by poultry producer Gradus [BUL:GR6], which slipped 1.34% to 1.47 levs.
You can download the 2024 Automotive industry in Southeast Europe report here
The top SOFIX gainer was battery maker Monbat [BUL:MONB], rising 5.02% to 4.60 levs in a trading volume of 10,098.
The rise in Monbat, coupled with a 5.41% jump in M+S Hydraulic [BUL:MSH] to 11.70 levs and a 3.60% climb in First Investment Bank, or Fibank, [BUL:FIB] to 2.30 levs, allowed the BGBX40 index to only just scrape into green territory. The BGBX40, which tracks the 40 most traded shares on the Sofia bourse, closed 0.01% higher at 158.00 points, despite the loss in Shelly Group and a 2.78% decline in cable maker Emka [BUL:EMKA] to 2.10 levs.
The BGTR30 advanced the most, by 786.90 points, also on the increases in Monbat, M+S Hydraulic and Fibank.
The BGREIT, which tracks seven real estate investment trusts, added 0.13% to 193.63 points after Bulgarian Real Estate Fund REIT [BUL:BREF] edged up 0.89% to 2.26 levs, with 11,877 shares traded.
Total turnover on the main market of the Sofia bourse nearly halved, to 6.7 million levs ($3.7 million/3.4 million euro) on Monday from 11.34 million levs on Friday.
The most liquid stock was Rodna Zemya Holding [BUL:HRZ], of which over 1.33 million shares changed hands in two trades, generating some 3.97 million levs. The stock closed flat at 2.98 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