Article: Status Invest - Bulgarian Weekly Stock Watch - Oct 19-23, 2009.

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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