Morning Note /

Weekly bulletin - 9 August - 13 August 2021

    Mihail Dimitrov
    Martin Dimitrov
    First Financial Brokerage House
    16 August 2021

    All local indexes advanced over the past week, with total weekly turnover at 71.7% of the average YTD. The top gainer within our universe was Speedy (SPDY, BGN 100.00, +17.6%), which advanced on proposing BGN 28.2m dividends for 2020, with next being Industrial Holding Bulgaria (IHB, BGN 1.85, +15.6%), which jumped on its majority shareholder filing a tender offer at BGN 1.90 per share. On the opposite side, the top decline was by Chimimport (CHIM, BGN 0.94, -4.3%), which slipped with no apparent reason, followed by Eurohold Bulgaria (EUBG, BGN 2.54, -2.3%). The most traded within our universe was Industrial Holding Bulgaria, which made up 21.2% of the total weekly turnover on BSE, with next being Allterco (A4L, BGN 17.50, +1.7%) with 5.9%.