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Article: FFBH - Bulgaria Morning Update - Nov 4, 2009.

Article from:
Bulgarian Banks and Brokers Reports
Article date:
November 4, 2009
Copyright

MARKET WRAP-UP

The Bulgarian market was pushed lower by negative news and a downward trend abroad. Tuesday's drop of SOFIX (440.53 points, -10.74,-2.38%) with a 2.38% decline on the previous day sent the blue-chip index to levels last seen in mid August. BG40 (119.83, -1.23,-1.02%), BGTR30 (336.85, -7.13,-2.07%) and BGREIT (47.35, -1.07,-2.21%) also finished in the red zone.No improvement was noticed in liquidity on the BSE. It remained below BGN .85m. Only Monbat (5MB, 16 667 volume, BGN 6.721, -3.99%) had a turnover above BGN 100k. Trading with Albena Invest Holding (5ALB, 10 125, BGN 6.15, 2.50%) and preferred shares of Chimimport (6C4P, 29 167, BGN 2.45, ... 







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