Morning Bulletin - 31 March 2022

The major indices closed near session highs on Wednesday, adding to their weekly gains as the market hopes for a timely Russia-Ukraine ceasefire. SOFIX (623.20) gained 0.73% and remained firmly above 100-day MA, followed by the extended indexes BGTR30 (735.77, +0.15%) and BGBX40 (144.63, +0.27%). Doverie United Holding (DUH, BGN 8.76, +6.31%), Neochim (NEOH, BGN 56.00, +6.67%) and Advance Terrafund (ATER, BGN 3.20, +2.89%) were in investors focus with increased volume. First Investment Bank (FIB, BGN 2.60, -5.45%), Agria Group (AGH, BGN 28.20, -3.42%) and Chimimport (CHIM, BGN 1.095, -3.10%) ended on the opposite side as the names were pressured by profit taking interest. The volumes of the benchmark index continued to exceed the 15-days average as the turnover of the major part of members ended significantly above the 3-months average.