Morning Note /

Morning Bulletin - 13 May 2021

    Mihail Dimitrov
    Martin Dimitrov
    First Financial Brokerage House
    13 May 2021

    The Bulgarian stock market acted steadily on Wednesday and the gainers slightly prevailed in this session. The daily volumes skewed the overall curve for SOFIX as a few names registered activity significantly above the 3-months average – Chimimport (CHIM, BGN 0.85, +0.24%) and Advance Terrafund (ATER, BGN 2.31, +1.76%). Gradus (GR6, BGN 1.42, +5.19%) rebounded in late afternoon and totally recovered from the previous day loss, despite the remaining concern of the news about the company. BGBX40 (117.6, +0.51%) and BGREIT (149.46, +1.51%) outperformed the benchmark index as the optimism covered all spectrum of companies – financial, real estate, production. HiTech sector, represented by Allterco (A4l, BGN 14.20, -2.07%) and Sirma Group (SGH, BGN 0.535, -1.83%) finished on the negative side.