Morning Note /
Bulgaria

Weekly bulletin - 9 May - 13 May 2022

    The local indexes finished in the red with the only exception being BGREIT (180.64). The top gainer within our universe was Neochim (NEOH, BGN 54.50) which jumped 9.0% supported by news for a record dividend. Agria Group Holding (AGH, BGN 28.70, +4.4%) increased notably as well, while the top losers were Alcomet (ALCM, BGN 7.50, -10.7%) and First Investment Bank (FIB, BGN 1.95, -8.9%). Weekly turnover fell 56% compared to the average YtD with the most traded within our universe being Doverie United Holding (DUH, BGN 6.60, +3.1%), which made up 7.7% of the total weekly turnover, followed by Agria Group Holding with 7.1%.