SOFIX Index Lost 5.5% on Thursday

The index of the Bulgarian stock exchange SOFIX lost 5.5% on Thursday, compared to Wednesday, reports Mediapool.bg. 

A drop was posted by the Central Cooperative Bank (CCB) – 6.35% and the First Investment Bank – 7.95%. The shares of Chimimport dropped significantly – 10.79%, Petrol – 12.28% and Eurohold – 7.03%. Bulgartabak Holding's shares dropped by 18.17%. 

According to experts, the main reason for the drop of SOFIX were the continuing political instability in Bulgaria and the events around the Corporate Commercial Bank (KTB).