Bulgaria's Sirma Group gains 6.25% on Sofia bourse, SOFIX edges down

Bulgaria's Sirma Group gains 6.25% on Sofia bourse, SOFIX edges down

Bulgarian software developer Sirma Group Holding  was the top performer among the blue chips on the Sofia bourse on Thursday, as its shares gained 6.25%, bourse data showed. A total of 62,900 Sirma Group shares changed hands, closing at 0.68 levs, data published on the Bulgarian Stock Exchange website showed. On Monday the group's shares fell to 0.62 levs, an all-time low close for the company. The software group started trading on the Bulgarian Stock Exchange on November 23, 2015 and closed its first trading session at 1.27 levs - a value it has failed to reach since.The software group's strong performance on Thursday, however, was not sufficient to pull the blue-chip SOFIX index into positive territory. The dropped 0.05% to 577.00 points on Thursday, as diversified group Holding Varna  fell the most among its constituents.Holding Varna shares ended 2.60% lower to 37.4 levs. The other decliners among the blue chips on Thursday were Bulgarian Real Estate Fund REIT  and Stara Planina Hold, which lost 0.99% and 0.86%, respectively.The BGBX40 index, which tracks the 40 most traded shares on the stock exchange in Sofia, lost 0.07% to 114.43 points,  while the BGTR30, in which companies with a free float of at least 10% have equal weight, added 0.05% to 506.67 points. The BGREIT index, which tracks real estate investment trusts, fell to 0.21% at 126.40 points.The most actively traded of its components, Advance Terrafund REIT, generated a turnover of 146,448 levs as 76,275  of its shares changed hands. It closed unchanged at 1.92 levs.(1 euro-1.95583 Bulgarian levs)

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