Morning Note /

Morning Bulletin - 10 March 2022

    Mihail Dimitrov
    Martin Dimitrov
    First Financial Brokerage House
    10 March 2022

    SOFIX (576.23) rallied 5.29% on Wednesday as the deep buyers, encouraged by the drop of the oil prices, entered the Bulgarian market. The extended indexes BGBX40 (134.57) and BGTR30 (676.49) advanced 3.93% and 2.28%, respectively. Doverie United Holding (DUH, BGN 7.58, +17.70%) led the gainers with significant volume, followed by Eurohold (EUBG, BGN 2.24, +12.00%) whose turnover remained far below the 3-months average. Allterco (A4L, BGN 17.50, +9.38%) and Monbat (MONB, BGN 5.60, +8.74%) were in focus too as the block trades with the battery producer at BGN 5.25 fixed its average daily price. Agria Group (AGH, BGN 16.40, +7.19%) went on a bit of a roller coaster ride as the prices of agro producer started from BGN 15.30 and reached BGN 16.90 during the day. The daily volumes increased significantly and left the 15-days average away.