The market was quite balanced on Thursday as the negative drops of Trace Group (T57, BGN 3.32, -2.35%), Sirma Group (SKK, BGN 0.595, -2.46%) and Central Cooperative Bank (4CF, BGN 0.925, -1.07%) were fully offset by the jumps of Elana Agrocredit (0EA, BGN 1.01, +3.59%) and SOFIX finished at 425.21 (+0.02%). 65% of the daily turnover came from two companies that entered the main index this week – Eurohold (4EH, BGN 1.59, -0.63%) and Trace Group. The buying power in Sopharma (3JR, BGN 3.14, 0.00%)...
The local indexes closed in opposite directions on Tuesday with insignificant daily turnover. SOFIX slipped by 0.38% to 438.22 points, with the decline being mostly on First Investment Bank (5F4, BGN 2.20, -5.17%), which lost ground on multiple low-volume trades. There were no other significant price changes, where almost 1/3 of the constituents were not traded at all and none of the members was traded with substantial volume. BGREIT added 0.11% to 131.3 points, with the increase being entirely ...
The local indexes advanced slightly on Thursday with very low daily turnover. The main index SOFIX added 0.21% to 440.63 points, where almost half of its constituents were not traded over the session and none of them changed significantly in price or booked notable volume. The top movers within the index were Monbat (5MB, BGN 3.08, -1.91%), First Investment Bank (5F4, BGN 2.44, +1.67%) and Gradus (GR6, BGN 1.46, +1.39%), all of which on low-volume trades. The most traded members were Bulgarian R...
The absence of news, fears around Covid-19, and shaky world markets froze the trading on BSE on Thursday. Only 5 SOFIX members were traded while all the rest dropped off the investor’s monitor. Gradus (GR6, BGN 1.48, +4.37%) jumped on the ex-dividend date but on the ground of insignificant volume. Real Estate Fund Bulgaria (5BU, BGN 1.82, -2.15%) and Sopharma (3JR, BGN 3.13, -1.26%) stepped back with wide bid/ask spreads and speculative trades only.
SOFIX lost 0.28% on Tuesday under the pressure of First Investment Bank (5F4, BGN 2.64, -3.65%) which weighed on the index with bigger seller of 110K shares who found adequate demand at BGN 2.66. Albena (6AB, BGN 29.40, -2.00%) and Stara Planina (5SR, BGN 4.86, -0.82%) also lost altitude but on the ground of insignificant speculative trades. Advance Terrafund (6A6, BGN 1.89, +1.61%) and Monbat (5MB, BGN 3.22, +0.63%) barely offset the negative impact on the main index.
Huge fluctuations fixed SOFIX at 449.77 (+0.21%) with limited liquidity and big bid/ask spreads. Industrial Holding Bulgaria (4ID, BGN 0.82, +5.13%) and Stara Planina (5SR, BGN 4.96, +3.33%) supported the main index while First Investment Bank (5F4, BGN 2.54, -1.55%), Chimimport (6C4, BGN 1.12, -0.89%) and Gradus (GR6, BGN 1.42, -0.7%) retreated with insignificant daily volume.
The local indexes finished the session in different directions, with low traded volume throughout the day. The benchmark index SOFIX came down 0.75% to 562.86 points, pulled down hardest by Eurohold Bulgaria (4EH, BGN 1.41, -6.0%) and no significant moves on the positive side among other index members. The most traded was Chimiport (6C4, BGN 1.8, +0.84) with BGN 69.8k daily turnover, followed by Doverie United Holding (5DOV, BGN 1.85) which closed up 21.71% on positive corporate news, making it ...
A slight recovery of the local indexes was registered last week as few blue chips advanced on the ground of positive sentiment but still with moderate volume. SOFIX added 0.40 to 629.37 on the back of Monbat (+6%), Trace Group Hold (+5.8%) and Eurohold (+1.5%). Negative impact on the index came from Stara Planina Hold (-2.9%), First Investment Bank (-2%) and Sirma Group Holding (-2%). Weekly turnover (BGN 10.18m) exceeded the average one on YTD basis (BGN 4.97m) but most of the trading volume wa...
After two positive sessions BSE indexes closed almost unchanged as SOFIX (631.44) slipped by 0.09% on Wednesday. Block trades ruled the main index as 9 out of 15 names finished with volume higher than their 3-month average. Industrial Holding Bulgaria (4ID, BGN 0.93) and Doverie United Holding (5DOV, BGN 1.53) ended with 4.62% and 3.77% decreases, respectively after the news for their exclusion from SOFIX. Monbat (5MB, BGN 7.95, +3.25%) and Trace Group Hold (T57, BGN 3.2, +3.23%) were traded hig...
The stocks had a bit of a choppy week and indexes registered losses as local market did not react to the world economic news and volume remained lower compared to the average YTD one. Financial sector, represented by First Investment Bank (5F4, BGN 3.90) and Industrial Holding Bulgaria (4ID, BGN 0.95), weighed the most on SOFIX (624.47, -0.9%) by 6.70% and 4.50%, respectively. Few block trades with Bulgarian Stock Exchange (BSO, BGN 6.00, 0.8%), Chimimport (6C4, BGN 2.13, -2.30%) and Holding Va...
BSE indexes moved in different directions on Friday and despite the up and down movements throughout the day, SOFIX (633.62) finished unchanged. Holding Varna (5V2, BGN 37.2, +2.2%) closed on top of the gainers’ list on the main index after a block trade of BGN 121K, while Bulgarian Real Estate Fund (5BU, BGN 1.95) jumped by 2.09% after registering volume close to the 3-month average. Albena (6AB, BGN 54.0) continued to be under selling pressure finishing with 1.82% decline. Chimimport (6C4, BGN...
All indexes registered increases after the negative start of the week as SOFIX (632.01, 0.8%) was supported below 100-day moving average. The index gains came from the positive sentiment on the market as Bulgarian Stock Exchange (BSO, BGN 6.35), Agria Group (A72, BGN 11.10) and Trace Group (T57, BGN 3.90) jumped the most from the companies in our watch list, by 5.80%, 5.70% and 4.80% respectively. Bulgarian American Credit Bank (5BN, BGN 5.90) dropped significantly with 20.30%, but on the ground...
Bulgarian Stock Exchange indexes moved in different direction on Thursday as SOFIX (630.55) closed with 0.33% increase. Holding Varna (5V2, BGN 37, +7.56%) and Trace Group Hold (T57, BGN 3.9, +2.63%) finished as the top gainers on the main index after small trades and wide bid-ask spread. Albena (6AB, BGN 53.5) showed highest liquidity among SOFIX members with volume higher than 3-month average but sellers were more active and this resulted in 1.83% decrease. CEZ Electro (1CZ, BGN 19 000.0, -11....
Please find attached our Bulgaria’s 2018 Dividend Stocks Strategy Research. The following research explores the universe of dividend paying stocks on BSE-Sofia and aims to provide a list of equities, suitable for dividend-centered styles of investing. We have selected 22 stocks, exploring various dividend characteristics, such as DPS growth, yield, and payout, and provided return calculations, including a measure of return from reinvested dividends. Furthermore, we have reviewed 7 of the sto...
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...
A negative start of the week for all indexes on BSE with the usual lower volumes for the season. Eurohold (4EH, BGN 1.43, -3.38%) and Industrial Holding Bulgaria (4ID, BGN 0.95, -3.06%) weighed the most on SOFIX (628.36), which fell by 0.84%. The liquidity came from Advance Terrafund (6A6, BGN 2.18), which ended without change in the price and few block trades with Sila Holding (6S5, BGN 2.12, 0.00%) and Holding Nov Vek (6N3, BGN 14.50, 3.57%). CEZ Distribution (3CZ, BGN 268.00, 7.20%) and Dover...
SOFIX (631.43, -0.13%) alone ended on the negative side on Thursday, while the rest of the BSE-Sofia indexes registered positive moves. Trace Group (T57, BGN 3.62) and Albena (6AB, BGN 56.50, -0.88%) weighted the most on the main index, while Sirma Group (SKK, BGN 0.96) partially offset the negative effect with 2.13% growth. Bulgartabac (57B, BGN 13.20) continued its downtrend with additional 12% fall on small trades.
SOFIX (647.84) interrupted its negative trend from the last few weeks and registered 0.4% increase last week, despite the turnover remaining lower relative to the average weekly one Ytd. 8 names from the main index finished on the positive side as Central Cooperative Bank (4CF, BGN 1.86) and M+S Hydraulic (5MH, BGN 7.80) led the gainer’s list by 3.1% and 2.6% respectively. The most traded names among the blue chips on BSE-Sofia were Sopharma (3JR, BGN 4.27, 1.90%) and Chimiport (6C4, BGN 2.32, 1...
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...
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.