The local indexes moved in opposite directions over the past week, where SOFIX erased 0.5% to 643.66, while the other indexes advanced on a weekly basis. The top gainer within our universe was First Investment Bank (FIB, BGN 1.84, +13.9%), which booked multiple various in size trades and gained ground with decent turnover. Neochim (NEOH, BGN 23.40, +9.3%) and Central Cooperative Bank (CCB, BGN 1.23, +7.9%) advanced notably as well, while the top declines were by Monbat (MONB, BGN 5.85, -7.9%) and Trace Group Hold (T57, BGN 4.14, -5.9%). The most traded within our watchlist was Bulgarian Stock Exchange (BSE, BGN 9.10, -1.6%), which made up 6.7% of the total weekly turnover, with next being Chimimport (CHIM, BGN 0.94, +6.4%), Doverie United Holding (DUH, BGN 9.94, -2.1%) and First Investment Bank.
Morning Note /Bulgaria
Weekly bulletin - 10 January - 14 January 2022
Equity Analyst @ First Financial Brokerage House