Full Article at IIR has reaffirmed its Recommended rating for PIA after undertaking a review post the appointment of a new Portfolio Manager, Harding Loevner. The full report can be found on the IIR website. On 26 July 2021, Pengana International Equities Limited (PIA) announced a fully franked dividend of 1.35 cents per share for the June quarter. This represents an 8% increase on the March quarter dividend and takes the total dividends declared for FY21 of 5.1 cents per share, fully franked....
All local indexes jumped on Thursday with moderate traded volume throughout the day. The benchmark index SOFIX increased the most and added 1.22% to 580.93 points, where only 3 of its members closed the session on the negative side. Chimimport (6C4, BGN 1.95, +4.84%) and Sopharma (3JR, BGN 3.55, +3.5%) supported the index the most, with regular turnover on both names, while the top loser was Monbat (5MB, BGN 7.50, -2.60%) on small speculative trades. BGREIT grew by only 0.16% on several low-volu...
The BSE indexes took a breath on Monday and slightly recovered. Albena (6AB, BGN 48.40, +2.98%) and Monbat (5MB, BGN 7.20, +2.13%) drove the main index the most but still on the ground of tiny volumes. Despite the aggressive selling pressure on Sopharma (3JR, BGN 3.82, -0.26%) during the day the pharmaceutical company found decent support at BGN 3.80 and daily turnover reached BGN 138K. Chimimport (6C4, BGN 2.08) and Sirma Group Holding (SKK, BGN 0.846) enjoyed the investor interest during the d...
Major benchmarks fell into correction territory as stocks endured another week of declines with 9% lower turnover than the average one YtD. Ten out of fifteen SOFIX (599.65, -1.40%) members declined during the week, in the line with the world markets sentiment. Last week's market sell-offs raised concern that bears became stronger and will continue to rule trading. Chimimport (6C4, BGN 2.03, 0.5%) ended as one of the three gainers among SOFIX members with significant part of the weekly turnover,...
The stormy performance of the BSE indexes on Tuesday followed the world market instability – SOFIX (597.06) closed below 600 reaching levels of June 2017. First Investment Bank (5F4, BGN 3.51, -5.9%) ended with the biggest drop after a few speculative trades. Stara Planina Hold (5SR, BGN 6.30, -5.26%) and Albena (6AB, BGN 47.0, -2.08%) were in the top 3 losers’ list on the main index with volume higher than 3-month average. Advance Terrafund (6A6, BGN 1.98, -1.98%) and Chimimport (6C4, BGN 1.99,...
A red start of the week for almost all of the Bulgarian Stock Exchange indexes on Monday – SOFIX (634.77) closed with 0.24% decline. Central Cooperative Bank (4CF, BGN 1.72, -3.91%) ended with the biggest drop of the main index with moderate volume. Trace Group Hold (T57, BGN 3.68) and Sopharma (3JR, BGN 4.0) were traded with volume higher than the 3-month average but selling pressure pushed the price down with 2.65% and 1.23%, respectively. Holding Varna (5V2, BGN 38.0) finished with 3.26% incr...
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