Morning Note /

Morning Bulletin - 18 March 2022

    Mihail Dimitrov
    Martin Dimitrov
    First Financial Brokerage House
    18 March 2022

    SOFIX (596.56) renewed its uptrend and rose by 1.17% on Thursday as the financial sector, represented by First Investment Bank (FIB, BGN 2.12, +10.42%) and Central Cooperative bank (CCB, BGN 1.14, +5.56%), boosted significantly the daily outcome. The extended indexes BGTR30 (698.54, +0.93%) and BGBX40 (138.61, +0.71%) underperformed the benchmark as the weight of the gainers is more blurred. The volumes of the main index slipped below the 15-days average and the turnover remained low compared to the 3-months average.