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Article: Status Invest - Bulgarian Weekly Stock Watch - Oct 19-23, 2009.
- Article from:
- Bulgarian Banks and Brokers Reports
- Article date:
- October 26, 2009
CopyrightCOPYRIGHT 2009 Aii Data Processing Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Weekly Overview
Sellers Take Over on Bulgarian Market
Selling pressure brought down Bulgarian shares this week erasing humble gains from last week and lining up with global markets. Turnover remained at levels close to the previous week. The blue-chip SOFIX index slipped 1.65% to 475.7 points and the broad BG40, tracking the 40 most liquid shares, dropped 1.42% to 128.88 points. Losers accounted for 53% of the traded shares for the period.Advertising and printing company Billboard (5BP) headed the losers list with 9.71% to 1.26 BGN in a turnover of 32,744 BGN as one of its majority owners sold 13,290 company shares this week.Construction and engineering ...
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