Morning Note /
Bulgaria

Morning Bulletin - 21 April 2022

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

    SOFIX (636.79) decreased only 0.05% on Wednesday after deepening 1.53% during the session. Sopharma (SFA, BGN 4.40, -0.45%) and Advance Terrafund (ATER, BGN 3.40, +0.29%) shrank by 1.80% and 0.88%, respectively in early afternoon hours after the selling pressure increased but managed to recover later. Monbat (MONB, BGN 5.65, -4.24%) became a daily loser within the benchmark index as the widen Bid/Ask spread was still a factor and small trades resulted in high volatility. The volumes slightly improved compared to the previous day but still remained far from the 15-day average.