Morning Note /

Morning Bulletin - 17 March 2022

    Mihail Dimitrov
    Martin Dimitrov
    First Financial Brokerage House
    17 March 2022

    SOFIX (589.67) fell 0.12% on Wednesday as the uncertain sentiment of the world markets reflected on the participants. The sell-offs of Chimimport (CHIM, BGN 0.82) pushed the price down to BGN 0.782 during the day but later the name slightly recovered and registered 3.30% decrease. Monbat (MONB, BGN 5.45, -5.22%) led the losers in this trading session as the widened BID/ASK spread led to high fluctuations of the battery producer. First Investment Bank (FIB, BGN 1.92) finished on the opposite side by soaring 10.03% without any news around the name and most likely due the lifting of the ban on dividend distribution by the Bulgarian banks.