Morning Note /

Morning Bulletin - 1 June 2021

    Mihail Dimitrov
    Martin Dimitrov
    First Financial Brokerage House
    1 June 2021

    Negative start of the week on BSE as the participants were mainly on the sell side. Block trades with Eurohold (EUBG, BGN 2.50, -1.57%), the CEZ Bulgaria buyer, and Industrial Holding Bulgaria (IHB, BGN 1.15, +2.68%) formed significant part of the daily turnover. The financial sector weighed the most on the SOFIX (527.61, -0.19%) on Monday as the investors looked for cash. BGBX40 (119.26, -0.32%) and BGTR30 (571.20, -0.24%) underperformed the benchmark index as Alcomet (ALCM, BGN 8.80, -2.22%), CEZ Distribution (CEZD, BGN 268.00, -2.90%) and Stara Planina Hold (SPH, BGN 7.00, -2.78%) added to the negative outcome for the indexes. BGREIT (151.21) slipped the most by 0.34% reflecting the losses of Bulgarian Real Estate (BREF, BGN 1.975, -0.75%) and Advance Terrafund (ATER, BGN 2.42, -0.82%).