Morning Note /
Bulgaria

Weekly bulletin - 4 April - 8 April 2022

    Contributors
    Mihail Dimitrov
    Martin Dimitrov
    First Financial Brokerage House
    11 April 2022

    The main indexes, except BGREIT (177.22), were coloured in red last week as SOFIX (627.55) and BGBX40 (144.81) lost the most – 1.2% and 1.3%, respectively. 16 out of 29 names in our watchlist ended negative as Central Cooperative Bank (CCB, BGN 1.40) and Stara Planina (SPH, BGN 9.20) slipped by 8.5% and 7.5%, respectively. Eurohold Bulgaria (EUBG, BGN 2.24, -5.9%) added more than 43% to the weekly turnover with a single trade and distorted the turnover data, which ended up 163% higher than YtD average. Monbat (MONB, BGN 5.75) surged by 4.5% and became the weekly top gainer, followed by Bulgarian Real Estate Fund (BREF, BGN 2.14), which increased 3.9%.