Morning Note /
Bulgaria

Morning Bulletin - 11 April 2022

    Contributors
    Mihail Dimitrov
    Martin Dimitrov
    First Financial Brokerage House
    11 April 2022

    The Bulgarian stocks ended slightly higher on Friday limiting the previous day decline as SOFIX (627.55) ended 0.62% in mainly positive trading session. The traded daily volume was more than double from Thursday, but remained unimpressive. Doverie (DUH, BGN 8.98, +2.05%), Monbat (MONB, BGN 5.75, +2.68%), Bulgarian Real Estate Fund REIT (BREF, BGN 2.14,+2.88%) and Allterco (A4L, BGN 20.20, +2.02%) were among the top gainers in this session. Eurohold (EUBG, BGN 2.24, -0.88%) and M+S Hydraulic (MSH, BGN 8.75, -0.57%) declined and led the losers. Almost 30k shares of MSH change hands during the session at BGN 8.80. BGBX40 and BGTR30 advanced 0.37% and 0.34%, respectively as both underperformed the benchmark, while BGREIT advanced 0.70%, mainly pushed up by BREF and Advance Terrafund (ATER, BGN 3.30, +0.61%).