Morning Note /
Bulgaria

Morning Bulletin - 19 April 2021

    Contributors
    Mihail Dimitrov
    Martin Dimitrov
    First Financial Brokerage House
    19 April 2021

    The local indexes finished mixed on Friday while turnover remained close to the 3-months average. Trading activity was unusually high in certain names such as Allterco (A4L; BGN 13.30; +3.91%) and First Investment Bank (FIB; BGN 1.68; +1.81%), most likely driven by purchases of SOFIX ETF, which has 2.4m new shares ordered for issuance. Albena (ALB; BGN 30.00; -7.98%), Sopharma (SFA; BGN 3.32; -0.60%) and Advance Terrafund (ATER; BGN 2.18; -0.46%), on the other hand, weighed on SOFIX by decreasing with small turnover.