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Article: Karoll - Bulgarian Daily Newsletter - Oct 13, 2009.
- Article from:
- Bulgarian Banks and Brokers Reports
- Article date:
- October 14, 2009
CopyrightCOPYRIGHT 2009 Aii Data Processing Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Headlines
- 9M Earnings of Enemona Up 21% y-o-y on 66% Higher Sales- Advance Terrafund Releases Operating Results- Revenues of Lomsko Pivo Brewery Down 8% y-o-y- Zero Inflation In September- Budget Gap Narrows- New Car Sales Slightly Up in September- Bankruptcies On the Rise
Overview
Stocks Point South
Bulgarian stocks snapped a three-day winning streak and stepped back on Tuesday. The benchmark SOFIX opened slightly higher but bulls quickly lost momentum and the index slipped into the negative territory within minutes of the opening. The index reached its intraday low of 474.69 (-1.06%) at midday, then partially recovered and pared ...