Weekly bulletin - 11 April - 14 April 2022

All main indexes advanced last week, shortened by the Good Friday holidays. Leading index SOFIX( 634.32) increased by 1.1% in a mixed trade, followed by BGREIT(178.70) and BGTR30 (740.55) with 0.8% and 0.5% rise, respectively. Turnover was boosted on Thursday with block trades with Eurohold Bulgaria (EUBG, BGN 2.40, +7.1%), Agria Group Holding (AGH, BGN 28.50, +4.4%) and CEZ Electro (CEZE, BGN 29 600, -1.3%), reaching BGN 12.4m for the week. Though, the overall liquidity remained poor and the weekly turnover dropped by 37% compared to the YtD average. The volumes reflected the turnover’s decrease and also recorded a sharp fall by 37% compared to YtD average. 14 out of 29 names in our list of selected companies finished on the green side, as Bulgarian stock exchange (BSE, BGN 10.40, +9.5%) was the big winner, followed by Stara Planina (SPH, BGN 9.90, +7.6%) and Eurohold Bulgaria. Doverie United Holding (DUH, BGN 8.54, -4.9%), Sopharma Trading( SFT, BGN 4.74 , -3.7%) and First Investment Bank (FIB, BGN 2.46, -3.1%) were the top losers within our universe.