Sofia stock indices start week in green, BGREIT sets new all-time high

Sofia stock indices start week in green, BGREIT sets new all-time high

Bulgarian Stock Exchange indices closed Monday's trading session on a high note, with the BGREIT index setting yet another all-time high.The BGREIT index, which tracks real estate investment trusts, gained 0.07% to 134.54 points on Monday. A 1.89% rise in the share price of Bulgarian Real Estate Fund REIT was partially offset by a 1.57% decrease in Advance Terrafund REIT shares.This is the BGREIT's 11th record-high close set so far this year. The blue-chip SOFIX index advanced 0.97% to 585.73 points, largely due to a 9.62% rise in the share price of lender First Investment Bank (Fibank), which earlier on Monday announced it has generated a net profit of 130 million levs in 2019, according to preliminary figures. The announced profit is lower compared to 2018 due to high expenses for provisions, but Fibank's banking revenue and assets grew steadily, the lender said.Fibank also led gainers among the two other BSE indices.The wider BGBX40 index, which tracks the 40 most traded shares on the Sofia bourse, gained 0.64% to 114.75 points, while the BGTR30 index, in which companies with a free float of at least 10% have equal weight, increased 0.34% to 526.50 points.Total daily regulated market turnover amounted to some 493,000 levs.

Cookies Preferences
Choose Type of Cookies You Accept Using


These cookies are required for the website to run and cannot be switched off. Such cookie are only set in response to actions made by you such as language, currency, login session, privacy preferences. You can set your browser to block these cookies but our site may not work then.


These cookies allow us to measure visitors traffic and see traffic sources by collecting information in data sets. They also help us understand which products and actions are more popular than others.


These cookies are usually set by our marketing and advertising partners. They may be used by them to build a profile of your interest and later show you relevant ads. If you do not allow these cookies you will not experience targeted ads for your interests.