Morning Note /
Bulgaria

Morning Bulletin - 19 May 2022

    The SOFIX (616.05) continued its uptrend by adding 1.09% on Wednesday in session with increased corporate news. Bulgarian stock exchange (BSE, BGN 10.70) surged by 8.08% after the news of DPS of BGN 0.42 and stock dividend, followed by Eurohold (EUBG, BGN 2.28), which raised 5.56% after the announcement of voluntary tender offer of the energy companies, owned by the holding. The courier company Speedy (SPDY, BGN 112.00) recovered by 10.89% in widen bid/ask spread and took its leading place among gainers although no fresh news were published. The volumes slightly exceeded the 15-days average within the main index as the focus remained on particular names.