Morning Note /
Bulgaria

Weekly bulletin - 5 April - 9 April 2021

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

    Most indexes finished on the positive side last week, except BGREIT (143.73) which lost 1.9%. 16 out of 29 names on our watch list advanced in this shorter week as Monbat (MONB, BGN 5.20, +15.6%) and Doverie United Holding (DUH, BGN 4.80, +7.90%) led after aggressive buyers easily pushed the price up, lifting the poor offer side with moderate volume. Sirma Group Holding (SGH, BGN 0.55, +7.80%) was among the movers too as more than 10.6% from the weekly turnover belongs to the tech company after the subsidiary Sirma Solutions bought 2.4% stake. Both volumes and turnover increased by respectively 42% and 19% compared to the average YTD numbers.