Morning Note /
Bulgaria

Morning Bulletin - 24 August 2021

    Contributors
    Mihail Dimitrov
    Martin Dimitrov
    First Financial Brokerage House
    24 August 2021

    The local indexes slipped with regular daily turnover, where SOFIX shrank by 1.14% to 565.93. The top declines within the main index were by Eurohold Bulgaria (EUBG, BGN 2.22, -4.31%) and Doverie United Holding (DUH, BGN 6.50, -3.56%), both of which dropped on a few low-volume trades. There were notable declines by Chimimport (CHIM, BGN 0.904, -2.59%) and Gradus (GR6, BGN 1.46, -2.01%) as well, while the top gainers were Holding Varna (HVAR, BGN 41.00, +2.50%) and First Investment Bank (FIB, BGN 1.85, +2.49%). BGREIT slipped by 0.24% to 164.21, as both Bulgarian Real Estate Fund (BREF, BGN 2.35, -1.69%) and Advance Terrafund (ATER, BGN 2.72, -0.37%) devaluated and weighed on the index.