Bulgarian stock indices end mixed, Kaolin deal lifts turnover

SOFIA (Bulgaria), May 31 (SeeNews) – The Bulgarian stock indices closed mixed on Friday as daily turnover was lifted by trading with the shares of mineral extracting and processing company Kaolin [BUL:6K1], bourse data showed.

The blue-chip SOFIX index, which tracks the 15 most liquid shares on the Bulgarian Stock Exchange (BSE), added 0.07% to 430.15 points after gaining 1.87% on Thursday.

The broader BG40, which includes the 40 most traded shares, fell 0.32% to 137.48 points after gaining 0.44% in the previous trading session.

Total turnover on the regulated market jumped to 170.8 million levs ($113.4 million/87.3 million euro) from 686,000 levs on Thursday. In a transaction completed on Friday, Germany's Quarzwerke bought from Bulgaria's Alfa Finance Holding some 87% of Kaolin at a price of 4.156 levs per share.

Drug maker Sopharma [BUL:3JR] was the top SOFIX gainer, closing 3.41% higher at 2.999 levs as 42,782 shares changed hands.

Car battery producer MonBat [BUL:5MB] was the top blue-chip decliner, ending 2.94% lower at 6.600 levs in a volume of 50 shares.

The BG-REIT index, which tracks the performance of real estate investment trusts, fell 0.87% to 87.9 points after rising by 1.94% on Thursday.

The BG TotalReturn30, in which companies with a free float of at least 10% have equal weight, rose 0.20% to 303.71 points after adding 1.48% on Thursday.

The CGIX Corporate Governance index, which includes companies strictly applying corporate governance principles, lost 0.60% to 92.49 points after gaining 0.98% on Thursday.

(1 euro = 1.95583 Bulgarian levs)

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