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Article: Karoll - Bulgarian Daily Newsletter - Nov 2, 2009.
- Article from:
- Bulgarian Banks and Brokers Reports
- Article date:
- November 3, 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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Headlines
- Sopharma Posts 2x Higher 9M Earnings- Net Profit of Orgachim Rises 56% y-o-y in Q3- Net Income of CCB Down 17.4% in Q3- FIB Registers 21% lower 9M Earnings- Lead and Zinc Turns to Profit Despite Drop in Sales- Banks' Earnings Slump 43.5%
Overview
Stocks Down Again, REITs Gain Ground
Stocks opened lower on Monday and quickly erased gains from the halfhearted Friday's rally. The benchmark SOFIX dropped 1.39% to close at 451.27, the broader BG40 shed 1.83% and the total return BGTR30 dipped 1.66%. On the positive side, BGREIT added 0.37%, helped by BenchMark Fund Estates REIT [6BMA; +6.76%] and Bulgarian Real Estate Fund REIT ...