reports
- Mihail Dimitrov
- Veselin Radoychev Please Change Surname
Morning Bulletin - 26 January 2025
Huge opposite moves fixed SOFIX (902.23, +0.60%) positive on Tuesday. Insignificant speculative trades raised Eurohold (EUBG, BGN 1.91, +4.95%) and fully offset the slump of Chimimport (CHIM, BGN 0.69, -3.50%), Bulgarian Real Estate Fund (BREF, BGN 4.14, -0.96%) and Sopharma (SFA, BGN 5.80, -0.68%). Shelly Group (SLYG, EUR 37.90, +1.07%) advanced on the back of good consolidated financial report and the company’s daily turnover represented 40% of SOFIX daily turnover.
- Mihail Dimitrov
- Veselin Radoychev Please Change Surname
Weekly bulletin - 23 December - 27 December 2024
The last short trading week finished almost unchanged on BSE, though the final statistic data showed some decent gains for all major indexes in range between 8% to 16.7% high YtD. First Investment Bank (FIB, BGN 4.32, +1.3%), Neochim (NEOH, BGN 27.00, +3.8%) and Eurohold (EUBG, BGN 1.99, +3.1%) were the weekly movers within our watch list though the decliners led the advancers by roughly 3-to-2 margin. The volumes expectedly remained lower than the average as Eurohold, Bulgarian Stock Exchange (...
- Mihail Dimitrov
- Veselin Radoychev Please Change Surname
Morning Bulletin - 27 December 2024
Seven positive trading session in a roll fixed SOFIX (893.14, +0.26%) at level we haven’t seen since Sept 2008. The IT company Sirma Group Holding (SGH, BGN 0.97, +3.19%) and the heavy member Eurohold (EUBG, BGN 1.98, +2.59%) led the daily gainers while Agria (AGH, BGN 19.90, -2.45%) and Elana Agrocredit (EAC, BGN 1.08, -0.92%) pulled back the main index. SOFIX daily turnover increased and reached BGN 1.18m as block trades dominated the trading on Monday. All other indexes closed positive but BG...
- Mihail Dimitrov
- Veselin Radoychev Please Change Surname
Morning Bulletin - 23 December 2024
The Bulgarian market has another solid showing on Friday and all major indexes settled higher on above-average volume. SOFIX (890.83, +1.32%) rewrote fresh 16-years high as Eurohold (EUBG, BGN 1.93) led the movers once again with 4.32% gain, supported by Chimimport (CHIM, BGN 0.71, +2.16%) and Sopharma (SFA, BGN 5.86, +2.45%). Few more block trades were registered in this trading session with less traded names like Velgraf (VAM, BGN 4.82, 0.00%), Chimcnab (CHSB, BGN 66.00, +0.76%) and Rodna Zemy...
- Mihail Dimitrov
- Veselin Radoychev Please Change Surname
Morning Bulletin - 27 November 2024
The indexes settled mixed on Tuesday, though the sellers were more aggressive, which defined the negative market sentiment. The negative bias stemmed largely from sell-offs in Sirma Group (SGH, BGN 0.98, -4.85%), Gradus (GR6, BGN 1.01, -6.48%) and Agria Group (AGH, BGN 20.00, -1.96%) and placed SOFIX (845.70) 0.17% lower. Volumes slightly improved within the benchmark index but still remained lower than the average for the last 15-days.
- Mihail Dimitrov
- Veselin Radoychev Please Change Surname
Morning Bulletin - 6 November 2024
The Bulgarian equity market had a somewhat lacklustre session after the latest rally with negative colour over all major indexes on Tuesday. SOFIX (852.00) underperformed with 0.65% loss as the negative bias came from Chimimport (CHIM, BGN 0.69, -3.50%) and Sopharma (SFA, BGN 5.76, -3.36%) reflecting the moderate selling price actions in weaken bid order book. The activity was poor and the volume remained below 15-days average line within the benchmark index.
- Mihail Dimitrov
- Veselin Radoychev Please Change Surname
Weekly bulletin - 14 October - 18 October 2024
The Bulgarian stock market indexes finished the week almost flat on Friday with the exception of BGREIT (208.71, +1.4%), largely supported by the strong movement of its member Bulgarian Real Estate Fund (BREF, BGN 3.96, +7,0%). The local benchmark SOFIX added 0.1%, closing at 854.43, while the extended BGBX40 (169.74, -0.3%) and BGTR30 (868.87, -0.2%) ended a notch lower. Declining stocks outnumbered the rising ones within our list of selected companies by 16 to 8, 5 remained unchanged. Our top ...
- Mihail Dimitrov
- Veselin Radoychev Please Change Surname
Morning Bulletin - 18 October 2024
There was mixed price action on Thursday, though the main indexes firmly settled below the surface in this session. BGREIT (209.89, -1.05%) deepened the most, reflecting Bulgarian Real Estate Fund’s (BREF, BGN 3.80, -4.52%) retreat. Along with the usual liquidity providers within SOFIX (851.71, -0.57%), Shelly Group (SLYG, EUR 34.60, -0.57%) and Doverie (DUH, BGN 8.00,-1.23%), Bulgarian Stock Exchange (BSE, BGN 8.00, -0.62%) registered increased turnover compared to the 3-months average without ...
- Mihail Dimitrov
- Veselin Radoychev Please Change Surname
Weekly Bulletin - 7 October - 11 October 2024
The Bulgarian stock market continued its movement from the previous weeks with no clear direction, mixed trades and poor turnover. The local benchmark SOFIX added 0.1%, closing at 855.40, while BGBX40 (170.21, +1.2%) and BGREIT (208.71, +1.1%) showed some positive mood. Advancing stocks outnumbered falling ones in our list of selected securities and 3 ended unchanged. Our top performer was Speedy (SPDY, BGN 224.00, +16.1%), followed by the industrial Stara Planina Hold (SPH, BGN 10.20, +7.4%) an...
- Mihail Dimitrov
- Veselin Radoychev Please Change Surname
Morning Bulletin - 11 October 2024
There was another negative bias in the Bulgarian equity market on Thursday. The downside moves were limited, though, and the main indexes settled mixed. The participants reacted on slowing activity and took some profits in names like Chimimport (CHIM, BGN 0.71, -3.40%) and Shelly Group (SLYG, BGN 35.50, -1.11%), which sent SOFIX (858.94, -0.32%) below the surface. The broad indexes – BGBX40 (170.35, +0.32%) and BGTR30 (870.55, +0.13%) - outperformed supported by Industrial Holding Bulgaria (IHB,...
- Mihail Dimitrov
- Veselin Radoychev Please Change Surname
Morning Bulletin - 26 August 2024
Poor liquidity and information vacuum played a vital role on Friday and set SOFIX (869.29, -0.25%) negative. Few index members registered a rapid move without any reason – Central Cooperative Bank (CCB, BGN 1.72, -6.01%), Bulgarian Stock Exchange (BSE, BGN 8.30, +5.06%), Chimimport (CHIM, BGN 0.80, +2.56%) and Shelly (SLYG, EUR 35.80, -1.65%). Bulgarian Real Estate Fund (BREF, BGN 3.10, +1.31%) also advanced on the back of speculative trades, thus fixing BGREIT at 199.94 (+0.31%).
- Mihail Dimitrov
- Veselin Radoychev Please Change Surname
Morning Bulletin - 28 June 2024
It was a mixed session on Thursday with moderate activity based on large cap names. The main indexes settled slightly higher than previous session as exception was BGREIT (190.16) with 0.19% slip, caused by Advance Terrafund (ATER, BGN 3.20, -0.93%). Decliners had a 5-to-4 lead over advancers but heavy weighted Shelly Group (SLYG, BGN 71.00, +2.31%) and Sirma Group (SGH, BGN 1.03, +4.04%) prevailed over Agria Group (AGH, BGN 20.10, -2.43%), Central Cooperative Bank (CCB, BGN 1.61, -2.42%) and Ch...
- Mihail Dimitrov
- Veselin Radoychev Please Change Surname
Morning Bulletin - 30 May 2024
The Wednesday’s session was mixed under the index surface, which ultimately settled on the slight negative territory as the exception was BGREIT (191.05, +0.24%) supported by the recovery of the price from the previous session of Advance Terrafund (ATER, BGN 3.39, +1.19%). SOFIX (866.59, -0.03%) had a lackluster showing, spending most of the trading day right around its flat line as the advance-decline line was in equilibrium within the index. The turnover was closer to 3-months average compared...
- Mihail Dimitrov
- Veselin Radoychev Please Change Surname
Morning Bulletin - 17 May 2024
The major indexes returned into record territory on Thursday, almost recovering previous day losses. SOFIX (849.40) was up 0.37%, a thick below its 15-years high, although the participants were lacking conviction as only the late hour trades defined the positive outcome. BGTR30 (852.78) outperformed with 0.52% gain while BGBX40 (169.87) showed a 0.35% increase, despite the additionally support by Eleven Capital (11C, BGN 16.70, +7.05%) and Alcomet (ALCM, BGN 7.40, +7.25%). The volumes surged sig...
- Mihail Dimitrov
- Veselin Radoychev Please Change Surname
Morning Bulletin - 30 April 2024
The Bulgarian equity market declined on the first day of the abrupt short week as all major indexes settled in range between negative 0.60% and negative 0.33%. The equites quickly moved lower facing the profit taking retail in First Investment Bank (FIB, BGN 2.90, -5.84%), Sirma Group (SGH, BGN 0.725, -2.68%) and Neochim (NEOH, BGN 18.80, -3.59%). The downside was short-lived as the participants were limited, which reflected in low volumes and only half of the 3-months average turnover.
- Mihail Dimitrov
- Veselin Radoychev Please Change Surname
Morning Bulletin - 28 February 2024
All BSE indexes closed in the red zone on Tuesday. SOFIX slipped to 783.41 (-0.21%) reflecting the drop of M+S Hydraulic (MSH, BGN 10.50, -4.55%), Chimimport (CHIM, BGN 0.704, -2.76%) and Neochim (NEOH, BGN 21.50, -2.27%). BSE (BSE, BGN 14.95, +2.40%) and Doverie (DUH, BGN 9.28, +1.98%) moved North on the ground of insignificant daily volume. Speculative trades pushed Gradus (GR6, BGN 1.45, -14.71%) down and BGTR30 (805.15, -0.72%) finished the day negative.
- Mihail Dimitrov
- Veselin Radoychev Please Change Surname
Morning Bulletin - 4 January 2024
The Bulgarian equity market ended mixed but the major indexes registered narrow based sharp losses on Wednesday and finished on the negative side. Low volume trades with Eurohold (EUBG, BGN 1.53, -10.00%) on the bid side with additional weight coming from the heavy members Sopharma (SFA, BGN 5.64, -0.70%) and Shelly Group (SLYG, BGN 47.80, -0.42%) drove SOFIX (757.78, -1.44%) down and the benchmark index retreated from its 15-years record high (768.87 points). The volumes continued to slip even ...
- Mihail Dimitrov
- Veselin Radoychev Please Change Surname
Morning Bulletin - 30 November 2023
The major indexes closed near their lows for the day, registering declines due to weaken buying power. SOFIX (742.57) slipped the most by 0.54% as the daily movers Doverie (DUH, BGN 8.34, -2.34%) and Sopharma Trading (SFT, BGN 5.85, -2.50%) kept the direction till the end of the session. There was an underlying positive bias for Bulgarian Stock Exchange (BSE, BGN 10.85, 0.00%) after the announcement of better than expected financial results, but faded as the session progress. Finally decliners l...
- Mihail Dimitrov
- Veselin Radoychev Please Change Surname
Weekly bulletin - 25 September - 29 September 2023
The local stock market gained some steam last week and ended on a positive note with the exception of sector index BGREIT (190.35, -0.4%). The benchmark SOFIX (755.73) was the top gainer with 2.0% rise, reflecting the impressive performance of the index member Sopharma (SFА, BGN 7.18, +15.8%). The number of declining stocks equaled the advancing ones in our list of selected companies-12 to 12, where 5 ended the week unchanged. The top gainers were Sopharma, Sirma Group Holding (SGH, BGN 0.76, +5...
- Mihail Dimitrov
- Veselin Radoychev Please Change Surname
Morning Bulletin - 29 September 2023
The Bulgarian equity market showed some upside moves following the large cap names, which jumped mostly because of weaker offer side or increased Bid/Ask spreads. SOFIX (755.18) advanced 1.53% and outperformed all indexes, led by Sopharma (SFA, BGN 7.00, +6.06%) and M+S Hydraulic (MSH, BGN 11.00, +4.76%). The volumes remained lower than the 15-day average and slipped compared to previous day session.
Unfortunately, this report is not available for the investor type or country you selected.
Report is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.