Morning Note /

Morning Bulletin - 15 February 2022

    Mihail Dimitrov
    Martin Dimitrov
    First Financial Brokerage House
    15 February 2022

    SOFIX (622.07) declined 0.07% on Monday, as the participants followed the preoccupation of the leading markets with Russia-Ukraine situation and the continuing rise of the interest rates. The extended indexes BGTR30 (700.92) and BGBX40 (142.02) fell even more than the benchmark by 0.44% and 0.20%, respectively. Financials weighed the most, followed by Telelink (TBS, BGN 15.00, -3.23%) and Stara Planina Holding (SPH, BGN 9.70, -3.96%). The volumes of the main index remained unchanged compared to the previous session but the turnover still was far from the average for the last 3-months.