The local indexes slipped on Friday in line with the foreign markets, with notable daily turnover with otherwise less liquid companies. The benchmark index SOFIX shrank by 0.59% to 576.48 points, with the decline being mostly on its heaviest member Sopharma (3JR, BGN 3.40, -2.02%), which lost ground on multiple small trades. A significant decline was made by Advance Terrafund (6A6, BGN 1.89, -2.07%), while there were no significant moves on the positive side. BGREIT also came down 0.20% to 122.4...
The search for liquidity drove the market on Tuesday. Insignificant daily turnover fixed Holding Varna (5V2, BGN 39.40, -3.43%), Sirma Group Holding (SKK, BGN 0.75, -3.23%), Stara Planina (5SR, BGN 5.85, -2.5%) and Sopharma (3JR, BGN 3.30, -1.49%) on the negative side. Small speculative trade with First Investment Bank (5F4, BGN 3.50, +2.34%) placed the bank on the first place of daily gainers but it was not sufficient to support the main index and SOFIX finished the session at 567.70 (-0.63%), ...
The local indexes increased on Friday, where the daily turnover exceeded the average for the last 3 months, as we witnessed further rebalancing of the ETF over the benchmark index SOFIX. The new member Doverie United Holding (5DOV, BGN 2.74, +0.74%) registered a 72.9k block trade at market level, while 28.8k shares of the outgoing Monbat (5MB, BGN 6.7) were traded but its selling persisted until the end of the session, pushing the price down by 4.29%. There was notable traded volume with the oth...
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