The local indexes closed in opposite directions on Friday with insignificant daily turnover. The benchmark index SOFIX slipped by 0.08% to 569.62 points, where the top decline among its members was by Industrial Holding Bulgaria (4ID, BGN 1.03, -2.83%), which shrank on a single small trade. On the positive side, the top gainer was Chimimport (6C4, BGN 1.61, +2.22%), which gained ground after multiple low-volume trades, while there were no significant changes among the other members. BGREIT lost ...
The local indexes slipped on Wednesday with substantial daily turnover. SOFIX shrank the most, as it dropped by 0.83% to 570.36 points. The top declines among the members of the benchmark index were by Doverie United Holding (5DOV, BGN 5.60, -5.08%) and Eurohold Bulgaria (4EH, BGN 1.46, -2.67%), both of which lost ground with insignificant daily turnover. On the positive side, the top gainer was Monbat (5MB, BGN 6.50, +2.36%), after 4.0k shares were exchanged in 9 trades, gradually pushing the p...
The moderate increases of Doverie (5DOV, BGN 3.38, +1.2%) and Eurohold (4EH, BGN 1.90, +1.06%) fully offset the slump of Sopharma (3JR, BGN 3.40, -1.45%) and the speculative selling pressure on Sirma Group (SKK, BGN 0.71, -0.7%). The big fluctuations of Albena (6AB, BGN 43.20) did not change the price as sellers found adequate demand. The forthcoming buy-back of Korado (4KX, BGN 6.40, -2.99%) at levels 25% lower than the current market frightened investors and small trades pushed the price down ...
The local indexes remained flat on Wednesday with very low traded volume over the day. The benchmark index came down 0.04% to 581.48 points, as 6 of its members were not traded at all. The top movers over the session were the representatives of the banking sector First Investment Bank (5F4, BGN 3.24, -1.22%) and Central Cooperative Bank (4CF, BGN 1.50, -0.99%) both of which declined on several small speculative trades. The most traded over the session was Chimimport (6C4, BGN 1.72, 0.00%), the l...
All local indexes slipped on Tuesday with moderate traded volume over the session. The benchmark index SOFIX fell by 0.90%, mostly on the ground of Sopharma (3JR, BGN 3.55, -3.01%) after small sell-offs during the day. The top gainer among the members of the index was Trace Group Hold (T57, BGN 2.52, +2.44%) which retraced slightly after two block trades with the name. Stara Planina Hold (5SR, BGN 6.1) ended on the other side by losing 3.94%, but the volume remained lower than the average for th...
SOFIX (582.51) declined by 0.27% on Friday, as the drops of Albena (6AB, BGN 39.80, -2.93%) and Industrial Holding Bulgaria (4ID, BGN 1.05, -3.67%) brought significant pressure on the index. The BGREIT (121.26), however, came to the surface by adding 0.31% on the ground of the positive move of Bulgarian Real Estate Fund (5BU, BGN 1.93, 1.58%) with moderate volume. BGBX40 (115.74, -0.50%) and BGTR30 (501.07, -0.84%) declined by 0.50% and 0.84% respectively as the slips of Agria Group (A72, BGN 10...
The local blue-chip index SOFIX shrank by 0.65% to 547.46 points on Friday. The decline was mostly on Albena (6AB, BGN 42.00), which dropped by 7.89%, with only 25 exchanged shares over the day. First Investment Bank (5F4, BGN 3.21, -3.31%) also declined significantly on moderate volume and fell below the support level of BGN 3.35. The most traded name was M+S Hydraulic (5MH, BGN 7.65) with BGN 61.5k daily turnover, yet the stock closed flat. BGBX 40 and BGTR 30 shrank by 0.52% each to 112.00 an...
Positive Thursday fixed SOFIX at 633.96 (+0.56%) after huge fluctuations of index members. Excellent financial results of Stara Planina Holding (5SR, BGN 7,- ,+4.48%) placed the company on top of the daily gainers, followed by Industrial Holding Bulgaria (4ID, BGN 0.99, +3.13%) and Sirma Group Holding (SKK, BGN 0.88, +2.33%). Poor liquidity dragged First Investment Bank (5F4, BGN 3.91, -3.22%) while the car accident continued to weigh on Trace Group Hold (T57, BGN 3.22, -2.42%) and the construct...
After small moves during the week, SOFIX (632.31) remained unchanged, while BGTR30 (523.56) closed with decline of 0.3% for the week. Eurohold Bulgaria (4EH, BGN 1.6, +5.3%), Industrial Holding Bulgaria (4ID, BGN 0.97, +2.1%) and Speedy (0SP, BGN 42.0, +1.4%) ended on top of the gainers list on the back of small trades during the week. Trace Group (T57, BGN 3.7) and Bulgartabac Holding (57B, BGN 14.3) ended on the other side after selling pressure with 5.1%, 3.4% WoW decline respectively. Monbat...
All SOFIX members finished on the negative side or without change on Friday and pushed the index down by 0.49% to 632.31. Chimimport (6C4, BGN 2.19, -2.23%) dropped the most followed by Doverie (5DOV, BGN 1.79, -2.19%), Industrial Holding Bulgaria (4ID, BGN 0.97, -1.02%) and Sirma Group Holding (SKK, BGN 0.90, -0.88%). The poor financial performance of Monbat (5MB, BGN 8.05, -0.62%) imposed negative sentiment on the car batteries producer but with small daily volume.
Indexes decreased last week as lighter than usual volume defined the sentiment on BSE. Stara Planina Hold (5SR, BGN 7.10, -4.10%) and Industrial Holding Bulgaria (4ID, BGN 0.95, -3.10%) weighed the most on SOFIX (618.36, -1.0%), but on the ground of small trades. After constant selling pressure during the week Sirma group (SKK. BGN 0.898) dropped by 3.40% and contributed to the negative result of the indexes. Advance Terrafund (6A6, BGN 2.09, 0.8%) and Chimimport (6C4, BGN 2.19, -0.7%) were more...
Holiday season didn‘t surprise anybody and the usual for the period lack of liquidity was felt among BSE indexes - SOFIX (627.07) closed with 0.07% decline. Doverie United Holding (5DOV, BGN 1.71) finished on the top of the gainers list as one deal of 10k shares sent the name in green territory. Advance Terrafund REIT (6A6, BGN 2.09) and Chimimport (6C4, BGN 2.19) ended with 0.48% and 0.46% increase respectively. Albena (6AB, BGN 55.0, -1.79%) dropped the most on the back of small trades.
The dividend season cast slight optimism on BSE and stocks were supported last week, while volume remained close to the average one Ytd. SOFIX (633.69) and BGREIT (116.11) registered small decrease of 0.1% as performance during the end of the week fully erased the drop from Monday. Holding Varna (5V2, BGN 35.20) and Trace Group (T57, BGN 3.72) became top losers among main index members with 5.40% and 5.10% respective drop, while Industrial Holding Bulgaria (4ID, BGN 0.98, 3.70) and Stara Planina...
SOFIX (633.69) partially recovered from Monday’s drop and registered 0.66% increase on Friday as some members became attractive and drove the indexes up. Bulgarian Stock Exchange (BSO, BGN 6.00, 3.45%) and Industrial Holding Bulgaria (4ID, BGN 0.98, 3.70%) led the gainers but volume on both names remained far from the 3-months average. Investors turned look on REITS as Bulgarian Real Estate Fund (5BU, BGN 1.90) grew with 1.06% and Advance Terrafund (6A6, BGN 2.18) ended unchanged with almost 10K...
Bulgarian Stock Exchange indexes finished the session in different directions on Tuesday. The poor liquidity ruled the market as SOFIX (626.53) closed almost unchanged with 0.04% decline. BGREIT (116.4) ended with 0.45% increase driven by Oil & Gas Exploration and Production (4O1, BGN 7.15), which jumped by 10.85%. Central Cooperative Bank (4CF, BGN 1.77) rebounded from previous negative session with 2.02% increase and became a top gainer among main index members. BREF REIT (5BU, BGN 1.90) was t...
Indexes on BSE-Sofia followed the downtrend for second consecutive week in a row, but on the other hand volumes slightly increased and weekly turnover was only 15% lower than the average one YTD. Despite the selling pressure Sopharma (3JR, BGN 4.17), Chimimport (6C4, BGN 2.25) and Central Cooperative Bank (4CF, BGN 1.79) provided decent liquidity to the market and all three names registered moderate decrease by 1.70%, 1.30% and 1.1% respectively. Sirma Group Holding (SKK, BGN 0.90, -4.10%) an...
Equities moved in negative direction for an eighth consecutive session on Wednesday with moderate volume and low investor’s interest. Sell-off in First Investment Bank (5F4, BGN 3.54) pushed the price down to BGN 3.50 during the session but later buying interest partially offset the losses and finally the bank ended with 1.67% decrease. The top losers among SOFIX (634.25, -0.45%) members were Doverie (5DOV, BGN 1.59, -5.92%) and Holding Varna (5V2, BGN 35.60, -4.30%) as both names easily dropped...
Bulgarian Stock Exchange showed weak activity on Monday as SOFIX (644.24, -0.20%) reached 13-month low and the other indexes also closed in red. Eurohold Bulgaria‘s (4EH, BGN 1.475) decline by 1.67% weighed the most on the main index. Two names registered the biggest turnover amongst SOFIX members - Monbat (5MB, BGN 8.75, -1.13%), due to block trade for BGN 67k and Bulgarian Real Estate Fund (5BU, BGN 1.85, -1.07%) with total turnover of BGN 38k. Albena (6AB, BGN 58.50, +0.86%), Sirma Group Hold...
Volatility, absence of corporate news and poor liquidity determined the moves of local indexes in the short last week. SOFIX (645.51, -1.1%) slipped the most as financials, represented by First Investment Bank (5F4, BGN 3.91, -5.60%) and Central Cooperative Bank (4CF, BGN 1.80, -2.70%), suffered the most from selling pressure. Only 5 names from our watch list survived on positive territory last week, driven by retail investors CEZ Distribution (3CZ, BGN 262.00) led the gainers with 3.10% increas...
Ford Equity International Research Reports cover 60 countries with over 30,000 stocks traded on international exchanges. A proprietary quantitative system compares each company to its peers on proven measures of business value, growth characteristics, and investor behavior. Ford's three recommendation ratings buy, hold and sell, represent each stock’s return potential relative to its own country market.. The rating reports which are generated each week, include the fundamental details behind...
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.