Morning Note /
Bulgaria

Morning Bulletin - 12 September 2022

    First Financial Brokerage House
    12 September 2022

    SOFIX (605.20, -0.24%) ended lower on Friday despite the global markets positive sentiment. Industrial Holding Bulgaria (IHB, BGN 1.86, -2.11%) and Sopharma Trading (SFT, BGN 5.40, -2.53%) weighed the most on the index and possible reason for the falls could be the rebalancing of the main index. Block trades with these shares contributed the most to the daily turnover. Both broad indexes BGBX40 (140.71, +0.39%) and BGTR30 (733.80, +0.20%) stayed on the positive side with modest rises, supported mainly by Gradus (GR6, BGN 1.40, +2.94%), Sirma Group (SGH, BGN 0.845, +3.05%) and Neochim (NEOH, BGN 39.60, +3.13%). BGREIT (182.69) remained almost unchanged recording 0.07% gain.