Morning Note /
Bulgaria

Morning Bulletin - 30 August 2021

    Contributors
    Mihail Dimitrov
    Martin Dimitrov
    First Financial Brokerage House
    30 August 2021

    SOFIX (569.80) slipped on Friday as the decrease confirmed the short-term downtrend by withdrawing 0.31% and touching the 15-days MA. Doverie United Holding (DUH, BGN 6.14, -2.54%) and First Investment Bank (FIB, BGN 1.79, -2,19%) contributed the most to the negative effect on the indexes as the sellers were more aggressive on both names. The volumes permanently remained below the 15-days average as 4 out of 15 members finished untraded.