February 13 (SeeNews) - Shares of diversified group Doverie United Holding [BUL:5DOV] gained 6.9% on Wednesday, extending their gains since the company received regulatory approval in late January to buy a 63.89% stake in the Moldova's second-largest lender Moldindconbank (MICB).
Since January 22, when Moldova's central bank said that it has it has issued preliminary approval of the deal, Doverie United Holding shares have soared 42.8% to 2.17 levs.
Doverie United Holding was the top gainer among the Bulgarian Stock Exchange wide BGBX40 index and equally-weighted BGTR30 index on Wednesday.
The BGBX40, which tracks the 40 most capitalised and traded shares, added 0.10% to 114.69 points, while the BGTR30, in which companies with a free float of at least 10% have equal weight, advanced 0.46% to 498.55 points.
The blue-chip SOFIX index closed Wednesday's trading session 0.11% higher at 573.94 points, as construction company Trace Group Hold [BUL:T57] led gainers with a 1.40% rise to 2.9 levs.
The BGREIT, which tracks real estate investment trusts listed on the Sofia exchange, notched up four consecutive winning sessions, rising 0.04% on Wednesday. The index now sits at 120.83 points, and is just 0.2% shy of its all-time high, set in the last trading session of 2018.
The driver for the BGREIT's rise on Wednesday was Advance Terrafund REIT [BUL:6A6], which added 0.77% to 1.965 levs. The effect of Advance Terrafund REIT's share price gain was partially offset by a 0.53% decrease in the share price of Bulgarian Real Estate Fund REIT [BUL:5BU].
Total trading turnover on the BSE regulated market edged up to 509,000 levs on Wednesday from 502,000 levs on Tuesday.
(1 euro = 1.95583 levs)