BSE indexes closed modestly lower on Monday after the trading happened mostly at the negative territory throughout the day. There was another round of investor’s response to the uncertainty around the world market by hitting any possibility for cash collection. Sirma Group Holding (SKK, BGN 0.84) was pushed down by aggressive sellers from the beginning of the session and the 2.55% drop of the name weighed the most on SOFIX (606.95, -0.20%). Sopharma (3JR, BGN 3.89, -0.26%) declined below BGN 3.9...
SOFIX lost 0.80% and closed at 626.99 last week heading toward July lows of 619. The main negative contributors to this South move were Monbat (-6.3%), Holding Varna (-4.2%) and Albena (-2.9%). Support for the main index came from Sirma Group (+4.7%) and First Investment Bank (+3.4%), which reflected the positive market sentiment and increases on the back of moderate volume. Still, holiday season and poor liquidity remained the main driving force and absence of institutional investors left room ...
Stocks opened the holiday-shortened week with a modest increase interrupting the negative trend from the last few sessions. CEZ Distribution (3CZ, BGN 234.00) became a top gainer with small trades as the widened bid/ask spread caused 5.41% increase. First Investment Bank (5F4, BGN 4.00, +2.56%) and Sirma Group Holding (SKK, BGN 0.89, +2.30%) drove SOFIX (632.77, 0.43%) the most. Few trades with Monbat (5MB, BGN 7.75) created significant volume for the name (37k shares) and left the name slightly...
Bulgarian Stock Exchange indexes were coloured in red on Tuesday with SOFIX (634.05) ending marginally down by 0.01%. Monbat (5MB, BGN 7.85, -2.48%) closed below the psychological level of BGN 8.0 after moderate volume and wide bid/ask spread, making the name the biggest loser on the main index. Sirma Group Holding (SKK, BGN 0.86, -1.15%) was traded at lower levels with volume higher than 3-month average. First Investment Bank (5F4, BGN 4.06) and Doverie (5DOV, BGN 1.76) were on top of the gaine...
Despite the positive moves during the week all indexes decreased in the last trading session, which resulted in moderate fall for the week. BGBX40 (124.02) slipped the most - by 0.7%. The turnover on BSE registered 108% increase for the week compared to the average one YTD, but significant part of it came from trades with government bonds. 6th of August was the first trading day for Gradus (GR6) and the name created 3.9% of weekly turnover, but the price dropped to BGN 1.705 on Wednesday (IPO's...
BSE indexes ended with gains on Tuesday despite the usual for the season low liquidity – SOFIX (640.21) closed with 0.13% increase. Stara Planina Hold (5SR, BGN 6.85, +2.24%), First Investment Bank (5F4, BGN 3.97, +1.28%) and Sirma Group Holding (SKK, BGN 0.87, +1.16%) finished on the top of the gainers list with volume higher than 3-month average. Albena (6AB, BGN 54.0) was the biggest loser with 6.09% drop after few trades took place at lower levels. Bulgarian Real Estate Fund (5BU, BGN 1.9, 0...
Indexes ended mixed on Tuesday as SOFIX (630.96) slightly increased by 0.03% supported by Trace Group Hold (T57, BGN 3.80) with 2.70% growth. BGBX40 (124.19, -0.26%) ended on the negative side as Bulgartabac Holding (57B, BGN 15.00) weighed the most on the index after sell-offs pushed the price down by 13.29%. Moderate activity was registered around Chimimport group names, Chimimport (6C4, BGN 2.28, 0.44%) and Central Cooperative Bank (4CF, BGN 1.77, -0.28%), with total daily turnover of BGN 94K...
Indexes registered positive moves on Thursday but volumes still remained low as Gradus AD’s IPO is knocking on the door and the participants on BSE-Sofia are awaiting the start. A block trade for more than 656K shares with Eurohold (4EH, BGN 1.50) provided significant part of the daily turnover and the name became the top gainer with 4.90% growth. Sirma Group Holding (SKK, BGN 0.94) was on the other side with 2.29% fall as retails hit the offer side.
SOFIX (655.25) took a breath on Tuesday after a few negative days in a row advancing 0.22% as the session was dynamic and the volatility increased. Sell-offs in Albena (6AB, BGN 55.00, -6.78%) and Monbat (5MB, BGN 8.90, -5.32%) sent both names dip in the negative side with turnovers above the average for the last 3-months. Stara Planina Hold (5SR, BGN 7.75, +7.64%) and Sirma Group Holding (SKK, BGN 1.01, +2.02%) ended the session on the positive side but on the ground of small speculative trades...
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