All major indexes recorded a positive week as SOFIX (635.10) increased the most by 4.00% while BGTR30 (681.61) jumped by solid +3.3%. 20 out of 29 names in our list of selected companies finished on green territory as Neochim (NEOH, BGN 56.00) and Doverie United holding (DUH, BGN 9.10) led the gainers by 19.7% and 19.1% respectively, followed by Agria Group Holding (AGH, BGN 27.80, +13.0%). The expectation for a dividend distribution highlighted Bulgarian Stock Exchange (BSE, BGN 9.40, +6.8%) and Advance Terrafund (ATER, BGN 3.31, +6.8%), while Sopharma Trading (SFT, BGN 4.88, +6.1%) recovered without significant corporate news. Among the top losers were First Investment Bank (FIB, BGN 2.58, -9.5%), Trace Group Hold (T57, BGN 3.68, -8.5%) and Telelink Business Services (TBS, BGN 14.00, -4.1%) which suffered from selling pressure and absence of liquidity. The most traded in terms of turnover were the agricultural producer Agria Group Holding (BGN 4.48m) and Chimimport (BGN 1.32m), while the total weekly turnover posted a decrease of 10%, compared to the average one YTD.
Morning Note /
BulgariaWeekly bulletin - 28 March - 1 April 2022

4 April 2022
Published byFirst Financial Brokerage House