Weekly bulletin - 12 April - 16 April

The moderate financial performance of the public companies in Q1 and the positive perspective for the end of lock down raised all local indexes last week. Institutional investors stepped in the market last week and weekly turnover almost doubled, reaching BGN 15.3m compared to the average one YTD of BGN 8.05m. Monbat (+12.5%), Industrial Capital Holding (+12.2%) and Albena (+8.7%) surged with huge weekly volumes while Trace Group Hold (-2.2%) and Agria Group Holding (-1.5%) slipped on the back of small speculative trades. Now, we’ll closely monitor the release of consolidated audited reports for 2020 which are to be posted till the end of April.