Morning Note /
Bulgaria

Morning Bulletin - 20 September 2021

    Contributors
    Mihail Dimitrov
    Martin Dimitrov
    First Financial Brokerage House
    20 September 2021

    The local indexes slipped on Friday, with SOFIX shrinking by 0.97% to 556.43. The top decline within the main index was by Bulgarian Real Estate Fund REIT (BREF, BGN 2.19, -2.67%), which lost ground with insignificant volume, while there were no other notable price changes. There was abnormal trading, partially due to the rebalancing of the index, where the most liquid were Sopharma (SFA, BGN 3.70, -1.07%), Industrial Holding Bulgaria (IHB, BGN 1.99, -0.50%), Sopharma Trading (SFT, BGN 5.10, 0.00%), and Monbat (MONB, BGN 6.55, +1.55%), which made up 55.0%, 24.7%, 23.5%, and 22.0% of the turnover within SOFIX.