Morning Note /
Bulgaria

Weekly bulletin - 29 March - 2 April 2021

    Contributors
    Mihail Dimitrov
    Martin Dimitrov
    First Financial Brokerage House
    5 April 2021

    The extended indexes BGBX40 (113.82, +1.30%) and BGTR30 (541.76, +1.1%) advanced in the last shorter week, reflecting the increase of the weekly gainers – Industrial Capital Holding (HIKA, BGN 2.60, +23.8%), Bulgarian Stock Exchange (BSE, BGN 5.70, +14%) and Alcomet (ALCM, BGN 7.05, 13.7%). BGREIT (146.54, 0.00%) and SOFIX (499.98, +0.9%), on the other hand, ended almost unchanged as the weekly movers - Bulgarian Real Estate Fund (BREF, BGN 1.88, -2.10%), Sopharma (SFA, BGN 3.36, -1.20%) and Advance Terrafund (ATER, BGN 2.12, -0.9%) finished on the negative territory. Retails continued to manage the order book, volumes remained lower than the average YTD and the turnover dropped by 52%.