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16Sep2004
ADVANC shares gaining momentum on the exchange
After the first signs of more active trading with ADVANCE INVEST shares in the beginning of the week, at today's session the fund was the focus of investors' interest. The stock registered a record number of trades through 13 different brokerage houses, the daily volume exceeding 31 thousand shares – quite an achievement for an open-ended fund in Bulgaria.
All shares changed hands at BGN 1.09, while the latest issue price is BGN 1.08. In other words, investors count on an NAV increase boosted by today's rally that took the index a step higher to 584.40 points (+0.66%).
The growing assets and number of shareholders of the fund should bring about an even more active trading in the near future
