Morning Note /
Bulgaria

Morning Bulletin - 1 February 2022

    Contributors
    Mihail Dimitrov
    Martin Dimitrov
    First Financial Brokerage House
    1 February 2022

    The local indexes advanced on the last day of January, where SOFIX added 0.67% to 618.53. Approximately 3/5 of the constituents of the main index appreciated on a daily basis, with top gainers being First Investment Bank (FIB, BGN 1.78, +7.88%) and the technology companies Allterco (A4L, BGN 19.80, +4.21%) and Telelink Business Services Group (TBS, BGN 15.70, +4.67%). Chimimport (CHIM, BGN 0.914, +3.39%) and Industrial Holding Bulgaria (IHB, BGN 2.06, +3.00%) advanced notably as well, while there were no significant devaluations. The most traded member was Allterco, with next being Chimimport and First Investment Bank.