market WRAP-UP
All major indices finished in the red zone for a second consecutive trading session for the week. The total turnover increased to BGN 2.35m as the bond sector, represented mostly by Health and Wellness REIT (4H8C, 559 volume, BGN 100.00, 0.00%), formed 72% of it. Liquidity from equities came from Sopharma (3JR, 22 580, BGN 4.031, 0.00%) without a movements in price, Capital management SPV (5CQ, 950, BGN 61, 0.00%) with a single deal and Corporate Commercial Bank (6C9, 920, BGN 62, 0.01%) with a few bigger trades. SOFIX (421.79 points, -2.74, -0.65%) and BG40 (117.42, -0.21, - 0.18%) fell led by M+S Hydraulic (5MH, 1 500, BGN 5.2, -3.67%). BGTR30 (327.54, -0.33, -0.10%) followed with a smaller decline for the day, pushed down by loser Neochim (3NB, 51, BGN 26.70, -2.91%). All traded names in BGREIT (43.77 points, -0.28, -0.64%) finished on the negative side led by Bulgarian Real Estate Fund REIT (5BU, 108 000, BGN 0.36, - 1.64%).
| Sofix | BG 40 | BGREIT | BGTR30 | |
| Value | 421.79 | 117.42 | 43.77 | 327.54 |
| 1-day change (%) | -0.65 | -0.18 | -0.64 | -0.10 |
| 7-day change (%) | -0.26 | 0.08 | -0.73 | 0.57 |
| 90-day change (%) | -2.83 | -0.55 | -8.77 | -1.38 |
| 365-day change (%) | 53.24 | 31.36 | 9.56 | 64.23 |
| BSE Daily Volume (shares) | 873 752 |
| BSE Daily Volume (BGN) | 2 344 557 |
| Avg Daily Turnover YTD (BGN) | 1 867 032 |
| Avg Daily Turnover 12 mo. (BGN) | 3 348 691 |
Most recent macro data
| Inflation (HICP, M/M Jan) | 0.6% |
| Inflation (HICP, cum. 2010) | 0.6% |
| LEONIA Reference Rate | 0.16% |
| SOFIBOR /3 months/ | 4.216% |
| GDP Growth (Y/Y 2009) | -5.1% |
| Unemployment (Jan 2009) | 9.9% |
exchange rates
| Current | Change | |
| BGN/USD | 1.44267 | 0.01109 |
| BGN/EUR | 1.95583 | Fixed |
| EUR/USD | 1.3557 | -0.0105 |
Sofix / BG 40 / BGREIT / BGTR30 (charts)
DAILY TRADING (selected stocks)
All figures in BGN (BGN/EUR rate fixed at 1.95583)
Compensatory Instruments (table)
CORPORATE news
Trace Group Hold AD [T57]
Strabag and Terna appeal Trakia tender
Strabag and Terna are appealing the tender for the construction of a 31.8km section of the Trakia highway, which was won by a consortium of SK 13 Holding and Trace Group Hold.
The two companies, which took part in the tender, require the Commission for Protection of Competition (CPC) to temporarily stop the procedure until it announces its final decision. If the CPC honours their pledge, the signing of the construction contract with the winner will be delayed.
In the tender Strabag was disqualified because of technical issues with documentation, while Terna ranked second after the winning consortium.
Source: Dnevnik; FFBH
Sopharma Trading AD [SO5]
Antitrust regulator probes Sopharma Trading for law infringement
Sopharma Trading is among nine pharmaceuticals companies, which the Commission for Protection of Competition (CPC) is probing for law infringement. The CPC is investigating the firms for a supposed manipulation of a public procurement procedure for supply of pharmaceutical products.
The rest of the companies are Alta Pharmaceuticals, Elpharma, Higia, Commercial League National Pharma Centre, Bulray and Co., Roche Bulgaria, Johnson & Johnson and Alkaloid.
Source: CPC; FFBH
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