reports
- Mihail Dimitrov
- Veselin Radoychev Please Change Surname
Morning Bulletin - 14 August 2025
Huge opposite move of SOFIX (1 051.29, -0.12%) members fixed the main index almost unchanged on Wednesday. Wiser (WISR, BGN 5.85, +3.54%) registered large move with insignificant daily turnover, which was fully offset by the step back of Bulgarian Real Estate Fund (BREF, BGN 5.20, -1.89%), Sirma Group Holding (SGH, BGN 1.38, -1.43%) and the heavy member Shelly (SLYG, EUR 50.60, -0.39%). All other indexes lost altitude but BGREIT (232.60, -0.53%) lost the most, reflecting the negative move of mai...
- Mihail Dimitrov
- Veselin Radoychev Please Change Surname
Morning Bulletin - 31 July 2025
Selling pressure in key constituents Chimimport (CHIM, BGN 0.715, -2.05%) and Sopharma (SFA, BGN 2.44, -0.41%) nudged the SOFIX slightly lower by 0.03% to 1 042.97 on Wednesday. In contrast, the broader indexes outperformed, supported by gains in M+S Hydraulic (MSH, BGN 10.20, +2.51%) and Stara Planina Hold (SPH, BGN 9.30, +5.08%). The BGBX40 rose 0.21% to 192.00, while the BGTR30 added 0.19% to 951.29. Turnover remained well above average, driven in part by activity in less frequently traded st...
- Mihail Dimitrov
- Veselin Radoychev Please Change Surname
Weekly bulletin - 21 July - 25 July 2025
Weekly turnover of BGN 32m doubled last week compared to the average YTD, while almost all local indexes remained unchanged except BGREIT 323.91 (+0.8%), which registered an insignificant positive move. Vacation season and the forthcoming release of H1 financial reports restrained investors’ activity, while the block trades and cash management ruled the trading. This week we will be closely monitoring the financial reports that are due to be published by Thursday, especially the industrial compa...
- Mihail Dimitrov
- Veselin Radoychev Please Change Surname
Weekly bulletin - 13 July - 18 July 2025
The past week was negative for the major indexes on the Bulgarian Stock Exchange, with SOFIX (1 043.55) recording the largest decline, down 1.0%. Key underperformers from our watchlist that dragged the indexes lower included Neochim (NEOH, BGN 20.00, -7.4%), Stara Planina Hold (SPH, BGN 9.00, -7.2%), and Sopharma (SFA, BGN 2.49, -4.2%). In contrast, BGREIT (231.04) edged up by 0.05%, supported by gains in its heaviest constituents – Advance Terrafund (ATER, BGN 3.00, +0.7%) and Bulgarian Real Es...
- Mihail Dimitrov
- Veselin Radoychev Please Change Surname
Morning Bulletin - 16 July 2025
The Bulgarian Stock Exchange indexes weakened on Tuesday, with SOFIX slipping by 0.38% to close at 1 053.22. Over two-thirds of the benchmark turnover came from Sopharma (SFA, BGN 2.60, -2.26%) as the stock price suffered increased selling pressure. The top performer within SOFIX was Central Cooperative Bank (CCB, BGN 1.74, +3.57%), while Sopharma (SFA), Bulgarian Stock Exchange (BSE, BGN 9.00, -1.10%) and Telematic Interactive (TIB, BGN 22.40, -0.88%) lost the most. The broader indices also pos...
- Mihail Dimitrov
- Veselin Radoychev Please Change Surname
Weekly bulletin - 16 June - 20 June 2025
The Bulgarian stock market did not manage to find support during the past week and indexes finished the week mainly on the red side, as the benchmark SOFIX (1007.57, +0.1%) was the only one in green. Three index members – Shelly Group (SLYG, EUR 50.20, +5.7%), Wiser (WISR, BGN 5.40, +1.9%) and Sopharma Trading (SFT, BGN 5.80, +0.9%) were on the top of the gainers within our list of selected securities. On the other side, Speedy (SPDY, BGN 190.00, -5.0%) and Alcomet (ALCM, BGN 5.95, -4.8%) lost t...
- Mihail Dimitrov
- Veselin Radoychev Please Change Surname
Morning Bulletin - 20 June 2025
Despite the significant negative moves of Advance Terrafund (ATER, BGN 2.78, -2.11%), First Investment Bank (FIB, BGN 4.93, -2.95%), Central Cooperative Bank (CCB, BGN 1.65, -1.79%) and Bulgarian Real Estate Fund (BREF, BGN 4.80, -0.83%) SOFIX 1009.76 (+0.17%) survived on the green side on Thursday. The main support came from the heavy members Shelly (SLYG, BGN 50.80, +2.42%) and Sopharma (SFA, BGN 6.64, +0.91%). More than 50% of the daily turnover within SOFIX was registered by Doverie United H...
- Mihail Dimitrov
- Veselin Radoychev Please Change Surname
Morning Bulletin - 17 June 2025
Poor trading activity marked the first trading day of the week. The major indexes trended lower from the opening bell as the decliners led the advancers in roughly 4-to-3 margin. Telematic Interactive (TIB, BGN 22.60, +4.63%) and Sirma Group (SGH, BGN 1.44, +1.41%) led the gainers in this trading session, while Bulgarian Stock Exchange (BSE, BGN 9.30, -2.11%) and Speedy (SPDY, BGN 190.00, -5.00%) ended on the opposite side. The daily volumes slipped significantly below the 15-day average as the ...
- Mihail Dimitrov
- Veselin Radoychev Please Change Surname
Weekly bulletin - 9 June - 13 June 2025
The main indexes on the BSE retreated last week with the exception of BGREIT (221.17; +0.6% WoW). The blue-chip SOFIX (1006.98) lost 0.6%, while the wider BGBX40 lost the most (187.06; -0.7% WoW). The top gainer within our universe was Bulgarian Real Estate Fund (BREF, BGN 4.88, +4.7%), while Shelly Group (SLYG, EUR 47.5, -4.8%) and Telematic Interactive Bulgaria (TIB, BGN 21.60, -4.4%) lost the most. Both the volumes (+123.1% YtD) and the weekly turnover (+156.2% YtD) were well above their YtD ...
- Mihail Dimitrov
- Veselin Radoychev Please Change Surname
Morning Bulletin - 10 June 2025
The Bulgarian equity market began the week on slightly lower note with mixed outcomes for the main indexes. The broad BGTR30 (937.77) alone booked 0.07% gain, while SOFIX (1 008.93, -0.39%) and BGBX40 (188.03, -0.19%) registered modest losses. Despite the tech sector, represented by Sirma Group (SGH, BGN 1.50, +4.90%) and Wiser Technologies (WISR, BGN 5.45, +3.81%), and the food manufacturer Smart Organic (SO, BGN 32.80, +0.61%) all other benchmark members ended on the negative side as Sopharma ...
- Mihail Dimitrov
- Veselin Radoychev Please Change Surname
Weekly bulletin - 19 May - 23 May 2025
The Bulgarian stocks marked a positive week, while the global markets suffered pullbacks and volatility, as new threats were tapping the brakes on investor optimism. The local benchmark SOFIX added 2.6% to settle at 981.32 and the broader BGBX40 (183.32, +1.7%) and BGTR30 (922.11, +2.6%) moved similar. Three SOFIX members were the top gainers in our list of selected securities – the technology blue chips Sirma Group Holding (SGH, BGN 1.43, +19.2%) and Wiser Technologies (WISR, BGN 5.35, +7.4%) a...
- Mihail Dimitrov
- Veselin Radoychev Please Change Surname
Morning Bulletin - 22 May 2025
The Bulgarian equity market had another strong showing on Wednesday and continued its upside trend, building on recent gains. The major indexes endured significant positive actions on broad base and advanced in range between 0.31% and 1.21%. The upside bias was supported by large cap names - First Investment Bank (FIB, BGN 5.24, +4.80%), Smart Organic (SO, BGN 33.80, +2.42%), Doverie (DUH, BGN 8.50, +2.66%) as Sirma Group (SGH, BGN 1.43, +13.49%) stepped in front of this list after a significant...
- Mihail Dimitrov
- Veselin Radoychev Please Change Surname
Morning Bulletin - 21 May 2025
The major indexes closed near session highs on Wednesday, reflecting the continuous buying interest in Bulgarian Stock Exchange (BSE, BGN 8.60, +3.61%), Sirma Group (SGH, BGN 1.26, +4.13%) and Smart Organic (SO, BGN 33.00, +3.13%). First Investment Bank (FIB, BGN 5.00) attracted more investors after the announcement of additional items to be voted on the GSM and led the gainers with 13.64% advance, revealing the investors optimism about some key phrases in the proposal. Doverie (DUH, BGN 8.28, -...
- Mihail Dimitrov
- Veselin Radoychev Please Change Surname
Weekly bulletin - 5 May - 9 May 2025
The Bulgarian stock market finished the last week on an upbeat mode as world markets continued to recover from the sharp pullback during the last months. The positive sentiment pushed the benchmark SOFIX up with 3.7% to settle at 927.04, while all other major indexes closed in green, ranging from 2.8% to 0.1%. The news about starting the procedure for dual listing of Sirma Group Holding (SGH, BGN 1.21, +11.0%) put the company on the top of the gainers in our list of selected securities, followed...
- Mihail Dimitrov
- Veselin Radoychev Please Change Surname
Morning Bulletin - 12 May 2025
The Bulgarian equity market continued to surprise the investors with gains on a broad base in the last trading day on the week. SOFIX (927.04, +1.24%) recorded new 18-years high following the advance of the financial sector, represented by First Investment Bank (FIB, BGN 4.50, +3.69%), Central Cooperative Bank (CCB, BGN 1.57, +1.29%) and Chimimport (CHIM, BGN 0.72, +2.13%), though there was lack of news around the names and the buying interest was more spontaneous. BGBX40 (176.26, +0.77%) and BG...
- Mihail Dimitrov
- Veselin Radoychev Please Change Surname
Morning Bulletin - 30 April 2025
The Bulgarian equity market continued to be sluggish and the main indexed finished with small changes on Wednesday. Shelly (SLYG, EUR 33.70, +1.81%) and First Investment Bank (FIB, BGN 3.98, +1.53%) supported the indexes with moderate buying interest, while Eleven Capital (11C, BGN 13.00, -5.80%) and Agria Group (AGH, BGN 21.60, -3.57%) took over some sell pressure and placed BGTR30 (868.18, -0.36%) on negative territory. The volumes remained low as the trading activity was poor, though block tr...
- Mihail Dimitrov
- Veselin Radoychev Please Change Surname
Weekly bulletin - 22 April - 24 April 2025
The Bulgarian stocks ended the week with no clear direction, while the world equity markets recorded a relief rally, easing some of the growing tension over the past months and moving away from extreme pessimism. The leading local benchmark SOFIX added 0.3% to settle at 888.88, as all other major indexes kept to wider range from -0.2% to 0.8%. The industrial M+S Hydraulic (MSH, BGN 9.6, +4.9%) and the SOFIX member Sirma Group Holding (SGH, BGN 1.09, +3.8%) were on the top of the gainers in our l...
- Mihail Dimitrov
- Veselin Radoychev Please Change Surname
Morning Bulletin - 22 April 2025
The Bulgarian equity market slipped right out of the gate on Easter Holidays and the main indexes booked some losses. Decliners like Chimimport (CHIM, BGN 0.685, -2.84%) and Sirma Group (SGH, BGN 1.05, -2.78%) prevailed the advancers by 2-to-1 margin and ranked the main indexes as follows SOFIX (885.82, -0.15%), BGBX40 (169.95, -0.19%) and BGTR30 (865.83, -0.28%). First Investment Bank (FIB, BGN 4.06, +3.05%) and Smart Organic (SO, BGN 27.60, +1.47%) finished on the opposite side but the trading...
- Mihail Dimitrov
- Veselin Radoychev Please Change Surname
Morning Bulletin - 28 March 2025
The Bulgarian equity market had a mixed showing on Thursday with low volatility among active names. Positive price action with Chimimport (CHIM, BGN 0.735, +2.08%), placed SOFIX (903.42, +0.20%) and BGTR30 (879.53, +0.10%) slightly above previous day levels, while logged losses of Korado (KBG, BGN 4.20, -2.78%) and M+S Hydraulic (MSH, BGN 9.30, -3.63%) weighed on BGBX40 (172.93) and the broad index declined by 0.02%. The daily volumes continued to be comparable with the 15-days average within th...
- Mihail Dimitrov
- Veselin Radoychev Please Change Surname
Morning Bulletin - 21 March 2025
Huge opposite moves of index members fixed SOFIX almost unchanged at 901.53 (-0.07%) on Thursday. Agria Group Holding (AGH, BGN 21.10, -4.09%), Bulgarian Stock Exchange (BSE, BGN 7.75, -0.64%) and Central Cooperative Bank (CCB, BGN 1.61, -0.62%) slipped without significant daily volume while Elana Agrocredit (EAC, BGN 1.06, -0.93%) suffered from big selling pressure and closed negative. Sirma Group Holding (SGH, BGN 1.10, +2.80%) and Chimimport (CHIM, BGN 0.745, +1.36%) and Bulgarian Real Estate...
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.