Morning Note /

Morning Bulletin - 26 October 2021

    Mihail Dimitrov
    Martin Dimitrov
    First Financial Brokerage House
    26 October 2021

    SOFIX (541.66) slipped by 0.54% for second day in a row on Monday and ended at the daily bottom after moderate surge during the day. Allterco (A4L, -5.10%) weighed the most of the main index as aggressive sellers looked for cash and pushed the price of the tech company deep to BGN 18.60. The extended indexes BGBX40 (133.20, +0.07%) and BGTR30 (648.92, -0.06%) performed better compared to the benchmark as the gains of the delivery company Speedy (SPDY, BGN 114.00, +5.56%), which continued to grow with small trades but steady and the recovery of Stara Planina Hold (SPH, BGN 10.00, +5.26%) supported the final outcome of the indexes. The volumes increased and exceeded the tidy 15-days average on the first trading day of the week.