Morning Note /
Bulgaria

Morning Bulletin - 29 August 2022

    The major indexes endured some intraday volatility to finish a step above their previous day close as the Fed Chair Powell’s speech followed the closing and no impact was registered on the Bulgarian stock market. SOFIX (607.75) gained 0.07% on Friday, paced higher by 5 of its members as Advance Terrafund (ATER, BGN 2.98, +2.05%) led the winners. FairPlay Properties (FPP, BGN 0.88, -7.37%) and Eurohold (EUBG, BGN 2.04, -2.86%) finished on the opposite side as the retails easily moved the prices with small trades in the widened Bid/Ask spreads and caused significant moves. The volumes continued to stay on the bottom as most of the traded names barely reached 50% of their 3-months averages.