Morning Note /

Morning Bulletin - 7 August 2021

    Mihail Dimitrov
    Martin Dimitrov
    First Financial Brokerage House
    7 September 2021

    The local indexes slipped slightly over the past week, where SOFIX shrank by 0.37% on Friday to 561.71. The top mover within the main index was Bulgarian Real Estate Fund (BREF, BGN 2.20, -4.35%), which dropped on a few low-volume trades. Central Cooperative Bank (CCB, BGN 1.04. -3.07%), Doverie United holding (DUH, BGN 6.00, -2.60%), and Advance Terrafund (ATER, BGN 2.60, -2.26%) also slipped notably on a few small trades, while the top increase was by Eurohold Bulgaria (EUBG, BGN 2.20, +3.77%), which gained ground on a single trade for 10k shares. The most liquid was Sopharma (SFA, BGN 3.66, +1.10%), as over 275.5k shares changed hands in various is size trades, whereby the name made up 73.1% of the daily turnover within SOFIX. BGREIT shrank by 1.43% to 161.39, with its decline being entirely on the back of Bulgarian Real Estate Fund and Advance Terrafund.