FFBH Weekly Bulletin 23 April – 25 April 2019
All local indexes slipped over the shorter past week, with total weekly turnover 60% relative to the average YTD. The benchmark index SOFIX came down 0.3% to 573.77 points, BGTR30 and BGBX40 shrank by 0.3% and 0.6% to 499.93 and 114.54, respectively, and BGREIT lost 0.4% to 120.29 points. Most liquid over the week was Sopharma (3JR, BGN 3.25, -5.8%), whose weekly turnover remained well below the average YTD, followed closely by Albena (6AB, BGN 42.20, 0.00%) and Bulgarian Real Estate Fund (5BU, BGN 1.92, +1.1%). Top gainers over the week were Alcomet (6AM, BGN 11.70, +11.4%), Neochim (3NB, BGN 24.00, +11.1%), and Bulgartabac Holding (57B, BGN 7.50, +5.6%), all of which retraced on small speculative trades, after plummeting over the prior week. Top loser was CEZ Distribution (3CZ, BGN 216.00, -7.7%), which also moved on low volume deals, after being driven higher on news of a potential acquisition by Eurohold (4EH, BGN 1.88, -1.1%).
First Financial Brokerage House (FFBH) is a leading non-banking financial institution on the Bulgarian capital market. Founded in 1991, FFBH offers the complete spectrum of investment banking services spanning corporate finance, privatisation advisory, mergers and acquisitions, financial consulting, brokerage services, research & analysis and asset management.
FFBH provides its services mainly to major international banks and corporations seeking investment in Bulgaria. FFBH is not only local contractor and partner to its clients but also an information source and provider for all major news and events in the economic and political life of the country.
We are the main contact point for the large majority of foreign and local institutional investors in the Bulgarian equity market. FFBH is providing access to the Bulgarian Stock Exchange by either its highly experienced sales trading desk or by order routing across the Bloomberg network.
Additionally, FFBH is offering a range of tools, specifically tailored for the retail investor. Both domestic and international markets are only a click away, via electronic trading solutions. As a major advantage, our customers are able to benefit from the broad range of Analysis & Research products with premium quality, provided by our team of dedicated analysts.
Clients of our research products are most of the largest foreign and local institutional investors looking for opportunities in Bulgaria. More than 100 investment banks, investment funds and other institutional investors use our Equity research and Economic review on a regular basis. FFBH’s Morning Bulletin and Weekly Bulletin reach more than 300 clients over different countries and continents.
Our major Research and Analysis Services include:
- Semi-Annual Outlook of the Bulgarian economy and the domestic capital markets;
- Equity analyses of the biggest and/or most liquid companies listed on Bulgarian Stock Exchange - Sofia;
- Quarterly Bulgarian Real Estate sector and REITs overview;
- Quarterly Bulgarian Banking System overview;
- Quarterly macroeconomic overeview, with details on the major economic sectors, commentaries, and statistical indicators;
- Daily and Weekly bulletins, including an overview of the capital markets and the most important macroeconomic & corporate events.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.