Morning Note /
Bulgaria

Morning Bulletin - 26 September 2022

    First Financial Brokerage House
    26 September 2022

    The negative sentiment on the world market dragged down the Bulgarian equities on Friday. All local indexes lost altitude but SOFIX 589.13 (-1.81%) dropped the most on the back of moderate daily volume. Central Cooperative Bank (CCB, BGN 1.60, -8.05%), Allterco (A4L, BGN 17.00, -6.59%), Telelink (TBS, BGN 13.00, -3.70%) and First Investment Bank (FIB, BGN 1.83, -3.17%) slumped under the selling pressure and poor liquidity. BGBX40 137.23 (-1.22%), BGTR30 715.40 (-1.52%) and BGREIT 180.45 (-0.72%) finished the day negative without corporate news but suffering from the panic selloffs.