Morning Note /
Bulgaria

Morning Bulletin - 13 May 2022

    First Financial Brokerage House
    13 May 2022

    SOFIX (601.82) declined 1.03% and almost erased previous day gain, following the world markets sentiment about the growth concerns and heightened volatility. First Investment Bank (FIB, BGN 1.95, -6.25%) led the losers as significant selling pressure pushed the price down to BGN 1.89 during the session and more than 136K shares changed hands. Doverie United Holding (DUH, BGN 6.60) retreated by 5.17% and joined the laggards’ list as the retails easily moved the price in different directions in the weakened bid and offer sides. Few more block trades with Eurohold (EUBG, BGN 2.28, 0.00%) and Sirma Group (SGH, BGN 0.505, -0.98%) added to the daily turnover, which almost reached the 3-months average one.