reports
- Mihail Dimitrov
- Veselin Radoychev Please Change Surname
Morning Bulletin - 31 October 2024
The Bulgarian equity market had a mixed showing on Wednesday, though ultimately the main indexes were up in range from 0.39% to 0.74%. SOFIX (841.39, +0.40%) rebounded from its 200-day MA mainly supported by First Investment Bank (FIB, BGN 3.66, +5.17%) recovery after the announcement of Q3 financial data, which couldn’t reach the previous year results for the same period on the other hand. BGREIT (211.42) was the exception, following the pull back of the real estate sector and settled 0.41% low...
- Mihail Dimitrov
- Veselin Radoychev Please Change Surname
Morning Bulletin - 30 October 2024
For a second consecutive trading day SOFIX (838.02, -0.57%) lost altitude under the selling pressure on most heavy members. First Investment Bank (FIB, BGN 3.48, -7.45%), Agria (AGH, BGN 19.20, -2.04%) and Elana Agrocredit (EAC, BGN 1.06, -1.85%) weighed on the main index. Sirma Group Holding (SGH, BGN 1.05, -0.94%) and Shelly (SLYG, EUR 32.90, -0.60%) confirmed their negative trend from the last weeks and huge selling pressure lowered both names on Tuesday.
- Mihail Dimitrov
- Veselin Radoychev Please Change Surname
Morning Bulletin - 29 October 2024
SOFIX (842.81, -0.52%) stepped back reflecting poor liquidity and huge daily fluctuations. Shelly Group (SLYG, EUR 33.10, -2.65%), First Investment Bank (FIB, BGN 3.76, -2.08%), Sirma Group Holding (SGH, BGN 1.06, -1.85%) and Bulgarian Stock Exchange (BSE, BGN 7.95, -1.24%) retreated with small daily turnover and weighed on the main index. Speculative trades with Central Cooperative Bank (CCB, BGN 1.65, +3.13%) and Chimimport (CHIM, BGN 0.715, +1.42%) raised both names without corporate news. Ad...
- Mihail Dimitrov
- Veselin Radoychev Please Change Surname
Weekly bulletin - 21 October - 28 October 2024
The lack of investors’ enthusiasm and the negative trend on the Bulgarian stock market became more visible during the past week and all major indexes finished with losses. The local benchmark SOFIX decreased by 0.8% to settle at 847.18, while the broad ones – BGBX40 (167.02, -1.6%) and BGTR30 (853.24, -1.8%) performed worse. Speedy (SPDY, BGN 224.00, +3.7%) led the list of gainers within our list of selected companies, followed by the SOFIX members Sirma Group Holding (SGH, BGN 1.08, +1.9%) and ...
- Mihail Dimitrov
- Veselin Radoychev Please Change Surname
Morning Bulletin - 22 October 2024
The Bulgarian equity market faced some selling pressure on Monday and settled all main indexes with losses in range between 1.11% to 0.69%. Downside bias was the result of widened Bid/Ask spreads for Bulgarian Real Estate Fund (BREF, BGN 3.84, -3.03%) and Chimimport (CHIM, BGN 0.705, -2.76%) and aggressive sellers of First Investment Bank (FIB, BGN 3.82, -4.98%) and Shelly Group (SLYG, EUR 33.50, -2.05%). The volumes slipped even more compared to previous trading sessions and remained below the ...
- Mihail Dimitrov
- Veselin Radoychev Please Change Surname
Weekly bulletin - 16 September - 20 September 2024
The Bulgarian stock market continued the downtrend from the previous weeks with mixed actions and poor turnover. The local benchmark SOFIX lost 1.0% to close at 857.19, as other main indexes – BGBX40 (168.32, -0.6%) and BGREIT (204.38, +0.8%) showed opposite performance. Trace Group Hold (T57, BGN 6.50, +14.0 %) was the top gainer within our list of selected companies, followed by Sopharma Trading (SFT, BGN 5.95, +2.6%) and Bulgarian Real Estate Fund (BREF, BGN 3.36, +0.6%). Declining stocks out...
- Mihail Dimitrov
- Veselin Radoychev Please Change Surname
Morning Bulletin - 17 September 2024
The Bulgarian equity market closed the first day of the week on a downbeat note with above the 3-months average turnover. The previous days movers Central Cooperative Bank (CCB, BGN 1.64, -3.53%), Bulgarian Stock Exchange (BSE, BGN 7.85, -2.48%) and M+S Hydraulic (MSH, BGN 9.25, -2.63%) continued to impact the major indexes due to tiny Bid/Аsk order book and increased volatility. All major indexes settled on negative territory in range between 0.71% and 0.06% while large-cap names like Sopharma ...
- Mihail Dimitrov
- Veselin Radoychev Please Change Surname
Morning Bulletin - 30 August 2024
The Bulgarian equity market had a mixed disposition through the Thursday trading session. SOFIX (865.51, -0.05%) and BGBX40 (170.15, -0.04%) closed near their lows of the day, following sharp moves of M+S Hydraulic (MSH, BGN 9.35, -3.61%) and Alcomet (ALCM, BGN 6.35, -5.93%) on the negative side and Central Cooperative Bank (CCB, BGN 1.74, +2.35%) and Chimimport (CHIM, BGN 0.81, +4.52%) on the positive side. BGTR30 (872.13) advanced alone by 0.23% on narrow constitute base. The trading activity ...
- Mihail Dimitrov
- Veselin Radoychev Please Change Surname
Morning Bulletin - 31 July 2024
The Bulgarian equity market had a mixed showing on Tuesday in the middle of the earning news season but the declines prevailed at the end and all major indexes settled on negative territory. First Investment Bank (FIB, BGN 4.76, -2.06%) and Sirma Group (SGH, BGN 1.11, -2.63%) led the movers within SOFIX (863.24, -0.12%), while Bianor (BNR, BGN 6.15, -2.38%) weighed additionally on the broad indexes – BGBX40 (169.77, -0.16%) and BGTR30 (861.14, -0.30%). Half of the benchmark constituents booked t...
- Mihail Dimitrov
- Veselin Radoychev Please Change Surname
Morning Bulletin - 17 July 2024
SOFIX 857.65 lost 0.16% on Tuesday reflecting the crash of Central Cooperative Bank (CCB, BGN 1.57, -3.68%), M+S Hydraulic (MSH, BGN 9.90, -2.94%) and Eurohold (EUBG, BGN 1.45, -2.03%). Insignificant daily volume raised the value of Sopharma (SFA, BGN 5.88, +1.38%), First Investment Bank (FIB, BGN 4.48, +0.90%) and Chimimport (CHIM, BGN 0.715, +0.70%). BGREIT 191.08 (+0.48%) jumped on the ground of small speculative trades with Sopharma Buildings (SFB, BGN 13.40, +7.20%).
- Mihail Dimitrov
- Veselin Radoychev Please Change Surname
Weekly bulletin - 10 June - 14 June 2024
The Bulgarian stock market ended the week mixed on Friday, as the local benchmark SOFIX lost 1% to settle at 853.13. The broader BGBX40 (169.48, -0.70%) and BGTR30 (854.30, +0.20%) performed in different directions, while BGREIT (190.42, +1.20%) gained the most. The decliners outnumbered the advancing stocks in our list of selected companies by 15-to-10 as the top performers were SOFIX member Agria Group (AGH, BGN 21.60, +7.5%) and Gradus (GR6, BGN 1.50, +5.6%). On the negative side the list of ...
- Mihail Dimitrov
- Veselin Radoychev Please Change Surname
Morning Bulletin - 11 June 2024
The Bulgarian equity market finished the first day of the new week with losses and all main indexes settled on negative territory in range between 0.74% to 0.50%, as BGREIT (188.84) finished with 0.32% gain, supported by Advance Terrafund (ATER, BGN 3.21, +1.58%). Turnaround actions with Eurohold (EUBG, BGN 1.49, -5.10%) and Sirma Group (SGH, BGN 0.92, -3.66%) in this session placed SOFIX (855.63, -0.74%) at the bottom of the chart as selling interest increased with late uptrend of both names. T...
- Mihail Dimitrov
- Veselin Radoychev Please Change Surname
Morning Bulletin - 3 June 2024
The major indexes saw some choppy actions on the Bulgarian equity market on Friday, which turn to be the last day of the month as the widened Bid/Ask spreads allowed retail to dictate the moves. The bank sector, represented by First Investment Bank (FIB, BGN 4.56, +4.11%) and Central Cooperative Bank (CCB, BGN 1.67, +2.45%), once again led the gainers in this session, while the fluid power manufacturer M+S Hydraulic (MSH, BGN 11.20, +5.66%) big upside move was another support factor. Eurohold (E...
- Mihail Dimitrov
- Veselin Radoychev Please Change Surname
Weekly bulletin - 20 May - 23 May 2024
The Bulgarian stock market kept its positive momentum from the recent weeks and managed to end the last one on the green side as investors remained active in some particular positions like Shelly Group (SLYG, BGN 74.80, +3.8%). At the close in Sofia the benchmark SOFIX added 1.2% to settle at 866.45, while the broad ones BGBX40 (172.29, 0.7%) and BGTR30 (859.84, +0.2%) showed more modest increase. The advancers outnumbered the decliners in our list of selected companies by 11-to-10 as the top pe...
- Mihail Dimitrov
- Veselin Radoychev Please Change Surname
Morning Bulletin - 21 May 2024
SOFIX (863.01, +0.82%) logged another 15-years record high supported by the financial sector on Monday. The broad indexes BGBX40 (171.92, +0.47%) and BGTR30 (860.42, +0.31%) underperformed under the weight of the losses of Eleven Capital (11C, BGN 18.40, -2.65%) and Monbat (MONB, BGN 3.10, -2.52%), while First Investment Bank (FIB, BGN 4.44, +1.83%) slipped to BGN 4.04 on the opening bell but at late hours new buying power changed the final outcome. The volumes slipped much lower than the 15-day...
- Mihail Dimitrov
- Veselin Radoychev Please Change Surname
Weekly bulletin - 7 May - 10 May 2024
The local stock market gained steam last week and ended on a positive note, as investors kept the positive sentiment in some particular positions and supported the indexes. The local benchmark SOFIX added 3.0% to settle at 837.99, , reflecting the impressive performance of the index members First Investment Bank (FIB, BGN 3.88, +25.2%), Sirma Group Holding (SGH, BGN 0.83, +13.8%) and Chimimport (CHIM, BGN 0.76, +11.9%), that formed the top three in our list of selected companies. A total of 20 o...
- Mihail Dimitrov
- Veselin Radoychev Please Change Surname
Morning Bulletin - 13 May 2024
The Bulgarian equity market ticked higher on Friday with major indexes rewriting the record highs they posted previous day. SOFIX (837.99) settled 0.61% higher as the positive sentiment seized more names on broad base, like Agria Group (AGH, BGN 20.40, +3.82%), Albena (ALB, BGN 26.80, +3.08%) and Neochim (NEOH, BGN 19.80, +7.03%). First Investment Bank (FIB, +6.01%) touched BGN 4.04 level but lately retreated to BGN 3.88 while remaining the daily mover within the benchmark. The volumes slipped s...
- Mihail Dimitrov
- Veselin Radoychev Please Change Surname
Morning Bulletin - 30 April 2024
The Bulgarian equity market declined on the first day of the abrupt short week as all major indexes settled in range between negative 0.60% and negative 0.33%. The equites quickly moved lower facing the profit taking retail in First Investment Bank (FIB, BGN 2.90, -5.84%), Sirma Group (SGH, BGN 0.725, -2.68%) and Neochim (NEOH, BGN 18.80, -3.59%). The downside was short-lived as the participants were limited, which reflected in low volumes and only half of the 3-months average turnover.
- Mihail Dimitrov
- Veselin Radoychev Please Change Surname
Morning Bulletin - 25 April 2024
The Bulgarian equity market finished strong on Wednesday concentrated in a narrow range of names, leaving the major indexes close to their 15-years highs. SOFIX (816.99) advanced by 1.48%, while the broad indexes BGTR30 (820.87) and BGBX40 (165.76) added 0.60% and 0.92%, respectively. First Investment Bank (BSE, BGN 2.90, +4.32%), M+S Hydraulic (MSH, BGN 12.10, +6.14%) and Eurohold (EUBG, BGN 1.35, +3.05%) settled higher while other 5 out 15 names remained untraded. The volumes, on the other han...
- Mihail Dimitrov
- Veselin Radoychev Please Change Surname
Weekly bulletin - 15 April - 19 April 2024
Bulgarian stock indexes ended last week on a negative note, after the tone in global markets seems to have shifted with continuing uncertainty and volatility. The leading local index SOFIX lost 0.5% to close at 805.96, as extended indexes BGBX40 (164.27) and BGTR30 (809.49) declined by -0.5% and -0.8% respectively, repeating benchmark presentation. The weekly top performer within our list of selected companies was the industrial Alcomet (ALCM, BGN 7.0, +7.7%), followed by Speedy (SPDY, BGN 165...
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.