All indexes finished on red territory as the investors were influenced of the news that Gazprom stopped the gas for Bulgaria. SOFIX (613.46, -2.67%) fell the most by firmly crossing the 100-day MA as only one out of fifteen members finished on the positive side – Sopharma Trading (SFA, BGN 4.54, +0.89%). The large cap names Eurohold (EUBG, BGN 2.24, -8.94%), Chimimport (CHIM, BGN 0.896, -4.68%) and Allterco (A4L, BGN 19.40, -5.37%) led the laggards as most of the names were under selling pressure during the session. The volumes continued to improve but still the 15-day average remained far above.
Morning Note /Bulgaria
Morning Bulletin - 28 April 2022
Equity Analyst @ First Financial Brokerage House