Bulgaria Stocks Gain but End Week Mostly Down

Finance | September 5, 2009, Saturday // 12:44|  views

It was only BGREIT that edged up by 1.24% on a weekly basis. Photo by Sofia Photo Agency

Following a misfire on Monday, the Bulgarian stock market indices ended the week on a higher note, but still most of them were down in comparison with the previous week.

SOFIX, the main index on the Bulgarian stock exchange, jumped by 2.23% up to 457.82 points, making yet another attempt to reach the much-awaited 500 points.

BG40 rose by 1.44 % to 126.32 points, BGTR30 marked the highest rise of 2.69% up to 341.26 points and BGREIT edged up by 1.50% to 44.77 points.

Despite the tangible increase in the last three days of the working week, three of the indices ended the week on a lower note in comparison with the previous week. The biggest contraction was recorded by BG40, which lost 1,48% over the week before.

It was only BGREIT that edged up by 1.24% on a weekly basis.

 

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Tags: Bulgarian Stock Exchange, stock market, Sofix

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