Morning Note /

Morning Bulletin - 10 June 2022

    The Bulgarian indexes followed the global equities sell-off on Thursday as investors digested the rate hike guidance from ECB and the end of the long-running bond-buying scheme. SOFIX (620.31) retreated by 0.25%, mainly weighed down by the significant drops in Chimimport (CHIM, BGN 0.95, -5.00%), First Investment Bank (FIB, BGN 2.04, -3.77%) and Doverie United Holding (DUH, BGN 7.72, -2.28%). On the positive side closed Allterco (A4L, BGN 19.00, +3.26%), Sopharma Trading (SFT, BGN 5.00, +2.04%) and Monbat (MONB, BGN 5.75, +2.68%), partly limiting the decline of SOFIX. The extended indexes BGBX40 (144.53) and BGTR30 (738.13) performed slightly better and slipped down by respectively 0.16% and 0.14%. The biggest loser on Thursday was BGREIT (179.56, -2.32%), pushed down by a single deal with insignificant volume with the shares of CCB Real Estate Fund (CCBR, BGN 40.00, -17.70%).