Morning Note /
Bulgaria

Morning Bulletin - 23 August 2022

    All major indexes moved lower throughout the session on Monday, pressed down by poor liquidity and negative sentiment of the global markets. The leading local index SOFIX (610.75) decreased by 0.61%, followed by the broad BGBX40 (141.76) and BGTR30 (738.84) with 0.06% and 0.04% declines, respectively. The real estate sector index BGREIT (183.38) also slipped by 0.51% mostly pushed down by the drop of Bulgarian Real Estate Fund (BREF, BGN 2.34, -2.50%). 5 more members of the benchmark index registered declines in this trading session as the list of laggards continued with Sopharma (SFA, BGN 4.42, -1.78%), Alterco (A4L, BGN 18.70, -1.58%) and Telelink (TBS, BGN 13.85, -1.42%).