The short-term downtrend of the SOFIX (610.55) weakened but still the main index registered 0.47% decrease on Thursday in a relatively quiet session. Doverie United Holding (DUH, BGN 7.02) weighed the most on the benchmark index by decreasing 5.14% and headed the loser’s list. Sopharma Trading (SFT, BGN 4.73, +4.19%) and Speedy (SPDY, BGN 121, +7.08%) took advantage of the widened Bid/Ask spread, while Neochim (NEOH, BGN 47.40, +7.73%) and Agria Group (AGH, BGN 28.50, +4.78%) followed the news of increasing demand of agricultural commodities. The daily volumes collapsed as the exception were Bulgarian Real Estate Fund (BREF, BGN 2.18, 0.00%) and First Investment Bank (FIB, BGN 2.36, 0.00%), which barely reached the 3-months average.
Morning Note /Bulgaria
Morning Bulletin - 29 April 2022
Equity Analyst @ First Financial Brokerage House