Morning Note /

Morning Bulletin - 29 December 2021

    Mihail Dimitrov
    Martin Dimitrov
    First Financial Brokerage House
    29 December 2021

    Positive sentiment raised SOFIX to 633.31 (+0.32%) on Thursday with daily volume of BGN 2.23m. The dramatic drop of Allterco (A4L, BGN 24.2, +3.42%) to BGN 19.75 during the previous week triggered risk appetite and speculative trades pushed the price back to BGN 24.20 on the last trading session of the week. Doverie (DUH, BGN 9.96, -4.23%) suffered from selling pressure and lost altitude on the back of moderate daily volume. Telelink (TBS, BGN 15.50, +1.31%), Monbat (MONB, BGN 5.90, +1.72%) and Bulgarian Real Estate Fund (BREF, BGN 2.02, +1.76%) closed positive on the ground of insignificant daily turnover. All local indexes closed in the green zone but BGTR30 advanced the most to 680.24 (+0.81%).