Morning Note /
Bulgaria

Weekly bulletin - 23 August - 27 August 2021

    Contributors
    Mihail Dimitrov
    Martin Dimitrov
    First Financial Brokerage House
    30 August 2021

    SOFIX (569.80) lost 0.5% last week, while all other indexes finished almost flat. The turnover on the Bulgarian Stock Exchange slipped by 32%, as the volume dropped by 77%, compared to their YTD averages. The weekly gainer on our watchlist became Industrial Capital Holding (HIKA, BGN 2.98) by increasing 5.7%, while Doverie United Holding (DUH, BGN 6.14) ended as a top loser with 8.9% decrease. Trace Group Hold (T57, BGN 3.50, -4.4%) accounted for 6.0% of the weekly turnover as more than 104K shares changed hands.