Morning Note /
Bulgaria

Morning Bulletin - 23 September 2022

    First Financial Brokerage House
    23 September 2022

    The Bulgarian market retreated on Wednesday in a holiday-shortened week with low volumes and turnover barely reaching 54% of its 3-months average. The main index SOFIX slid by 0.27% reflecting the drop of Doverie United Holding (DUH, BGN 7.34, -2.13%) and First Investment Bank (FIB, BGN 1.89, -1.56%). The broad indexes BGBX40 (138.92) and BGTR30 (726.44) also ended lower with respectively 0.16% and 0.19% declines and again almost half of the indexes’ members remained untraded. BGREIT (181.76) was the only index on the positive side with modest rise of 0.17% and small trades with Bulgarian Real Estate Fund (BREF, BGN 2.28, +0.88%) and Advance Terrafund (ATER, BGN 2.93, 0.00%).