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%.
Morning Note /Bulgaria
Weekly bulletin - 4 April - 8 April 2022
Equity Analyst @ First Financial Brokerage House