Morning Note /
Bulgaria

Morning Bulletin - 25 August 2022

    Yesterday’s trading session had a positive bias that left the major indexes with modest gains, confirming the positive short-term uptrend. SOFIX (617.07) advanced 0.62% led by the pharmaceutical company Sopharma (SFA, BGN 4.50, +1.81%), followed by the real estate and tech sectors. The broad indexes BGTR30 (740.46, +0.22%) and BGBX40 (142.79, +0.37%) underperformed the benchmark as the declines of Agria Group (AGH, BGN 30.00, -0.33%) and Bulgarian Stock Exchange (BSE, BGN 9.70, -0.51%) weighed on both. Significant part of the indexes’ members remained untraded, leaving the volumes on the lowest level for the last 3 weeks.