Morning Note /
Bulgaria

Morning Bulletin - 23 March 2022

    Contributors
    Mihail Dimitrov
    Martin Dimitrov
    First Financial Brokerage House
    23 March 2022

    Tuesday session became highly volatile but resulted in relatively flat outcomes for the main indexes as SOFIX (597.16) and BGBX40 (138.95) lost 0.15% and 0.06%, respectively, while BGTR30 (701.62) added 0.04%. First Investment Bank (FIB, BGN 2.57, +6.20%) continued to lead the gainers followed by Agria Group (AGH, BGN 21.00, +3.96%), which returned to its all-time high level of BGN 21.00. Synergon Holding (SNRG, BGN 0.63, -10.00%), Alcomet (ALCM, BGN 7.00, -5.41%) and Allterco (A4L, BGN 18.40, -3.66%) finished on the opposite side as top losers for the day. Telematic Interactive (TIB, BGN 48.10, -3.80%) was on the negative side in its first trading day after the IPO. The daily turnover significantly exceeded the 3-months average and the volumes for the benchmark index ended above the 15-days average.