Morning Note /
Bulgaria

Morning Bulletin - 28 April 2021

    Contributors
    Mihail Dimitrov
    Martin Dimitrov
    First Financial Brokerage House
    28 April 2021

    SOFIX (522.41) refreshed its uptrend on Tuesday by registering 0.49% increase as the strong results drove the trading activity but still the turnover remained below 3-months average. Advance Terrafund (ATER, BGN 2.26, +2.73%) and Allterco (A4L, BGN 14.30, +2.14%) led the gainers within the benchmark index, following their positive trend with moderate volumes. First Investment Bank (FIB, +2.24%) recovered to BGN 1.60 as the buyers prevailed in this trading session. Chimimport (CHIM, BGN 0.89) finished on the opposite side by losing 2.84% and totally erasing the previous day gain. CEZ Electro (CEZE, BGN 35 000.00) became a daily gainer by jumping 20.69% as the voted dividend distribution in the same day busted investors’ appetite.