Morning Note /
Bulgaria

Morning Bulletin - 19 April 2022

    Contributors
    Mihail Dimitrov
    Martin Dimitrov
    First Financial Brokerage House
    19 April 2022

    SOFIX (634.32) continued its short-term uptrend by registering additional 0.52% gain on Thursday, the last trading day for the week. Financials and tech companies led the gainers as Central Cooperative Bank (CCB, BGN 1.45, +5.84%) increased the most, followed by Chimimport (CHIM, BGN 0.974, +4.73%). A few more block trades with Eurohold Bulgaria (EUBG, BGN 2.40, -0.83%), Agria Group (AGH, BGN 28.50, +2.89%) and CEZ Electro (CEZE, BGN 29 600, -1.33%) improved the daily turnover and resulted in 30% increase compared to the 3-months average within the benchmark index.