Morning Note /
Bulgaria

Morning Bulletin - 20 May 2022

    SOFIX (613.99) declined 0.33% on Thursday reflecting the markets sentiment, which remained pressured by growth concerns. Neochim (NEOH, BGN 54.50) and Fair Play Properties (FPP, BGN 0.56) led the laggards by declining 4.39% and 4.31%, respectively with small trades as the positive effect from the corporate news waned. The financials, on the other hand, continued their uptrend but with much less power and volumes. The extended indexes BGTR30 (730.66) and BGBX40 (145.47) slipped by 0.14% and 0.27%, while BGREIT (181.20) underperformed the benchmark by declining 0.37%.