Sofia stock indices partially erase losses 11 Mar 2020

Sofia stock indices partially erase losses 11 Mar 2020

Most Bulgarian Stock Exchange indices closed higher on Tuesday, erasing part of their losses during Monday's bruising trading session.The blue-chip SOFIX index gained 4.03% to 494.81 points on Tuesday, after losing 10.25% on Monday.Resort operator Albena led gainers among blue-chips with a 10.56% rise, closely followed by Doverie United Holding and Holding Varna, which added 10.50% and 10.23%, respectively.The wider BGBX40 index, which tracks the 40 most traded shares on the Sofia bourse, advanced 2.93% to 100.27 points on Tuesday after an 8.55% drop on Monday. The Sofia bourse operator - Bulgarian Stock Exchange, led gainers among BGBX40 members with a 13.17% rise.The BGTR30 index, in which companies with a free float of at least 10% have equal weight, increased 1.68% to 468.01 points, as it shares the same top three gainers as the SOFIX.The BGREIT index, which tracks real estate investment trusts, slid 1.31% to 131.50 points on Tuesday, recording back-to-back losing sessions after its 2.14% decrease on Monday.Total regulated market trading turnover fell to 1.9 million levs ($1.1 million/1 million euro) on Tuesday from 3 million levs on Monday.

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