Daily Bulletin

Tuesday, 08 July 2008
Money Market
Inter-bank market
Overnight deposits 4.67-4.98% on annual basis
1-week deposits 4.61-4.90% on annual basis

Money market rate hovered around its usual levels for the last week.

Bulgaria Government Bonds
  Currency Bid Ask Change
ZUNK Bonds USD $100.50 $103.50 +0.130
ZUNK Bonds EUR 99.100 100.670 +0.500
Eurobond 2013 EUR 112.350 112.640 +0.120
Eurobond 2015 USD $117.55 $117.720 -0.010

*The ZUNK & Euro-bonds do not include the interest accrued

Quiet session for Bulgarian debt instruments' market, as usual.

Forex market
Exchange rates for the day 09:00-15:50h.
  USD EUR
Inter-bank market 1.2454/1.2528 1.9557/1.9559
Clients 1.2380/1.2580 1.9520/1.9570
Cash market 1.2350/1.2600 1.9520/1.9580

LIBOR USD 1M2.46125 6M3.11563

EUR/USD traded between 1.5611 - 1.5705. The dollar benefited from speculations that comments from G8 officials could push oil prices lower. On the other hand, the euro suffered from the unexpected drop in German May industrial output. As of 15:50: EUR/USD - 1.5640, USD/JPY - 107.60, USD/CHF - 1.0310, GBP/USD - 1.9660. Official exchange rates for the next trading day: USD - 1.24965, GBP - 2.45615, CHF - 1.21112.

Forecast: EUR/USD support: 1.5620, 1.5580 and 1.5550 EUR/USD resistance: 1.5650, 1.5700 and 1.5730

Bulgarian Stock Exchange: SOFIX 1100,63 (-1,02%) Total turnover: BGN 5 260 960,08 BGN

Shares
Code Name Open Date Volume High Low Last Change % Average
EURINSEURINS 8.2110.06.200810008.158.158.15-0.73%8.15
KAOKAO 10.7110.06.2008303710.8010.5410.62-0.84%10.62
MONBATMONBAT 13.3510.06.2008729913.5013.2513.400.30%13.39
CCBCCB AD 5.0510.06.200829235.155.015.01-0.20%5.04
OTZKOTZK 38.6710.06.200870839.4037.3037.37-0.93%38.31
ORGHOrgahim AD 321.9010.06.2008190335.00320.00324.000.81%324.52
SFARMSopharma AD 6.0210.06.200821806.015.875.87-1.83%5.91
CORPCORP 89.1710.06.2008253089.4088.1188.15-0.06%89.12
CHIMCHIM 10.2310.06.20081012310.2310.0410.05-1.27%10.10
TOPLTOPL 18.6710.06.20086019.2419.2019.203.00%19.23
EUBGEUBG 5.5210.06.200866735.655.515.511.27%5.59
HDPATHDPAT 1008.9510.06.20082831025.00980.001020.00-0.19%1007.02
NEOHNeohim 73.5110.06.200840777.0074.0574.053.35%75.97
IHLBLIHLBL 7.2310.06.200819157.307.107.12-1.38%7.13
OTZKOTZK 38.6710.06.200870839.4037.3037.37-0.93%38.31
ENMENM 19.5710.06.2008828519.6319.5319.600.15%19.60
ZHBGZHBG 2.5010.06.2008241342.662.462.654.00%2.60
PETHLPETHL 8.6210.06.2008513608.658.508.650.35%8.65
ELARGELARG 2.1710.06.20085002.212.212.211.84%2.21
FIBFIB 7.1110.06.20081655357.207.057.10-0.14%7.10
Bonds
Code Name Open Date Volume High Low Last Change % Average
BEUBGBEUBG 1025.7006.06.2008291026.401026.401026.400.07%1026.40

Negative sentiments kept BSE shares in the red. Stock exchange indicators lost between 0.6% to 1.80%. BG40 closed at 290.52 while SOFIX dropped to 1100.63. Market volume was slightly below 2.2 mln levs but 50% of it was OTC. Some of the most liquide shares lost between 2% and 4.5%. Central Cooperative Bank, Oil and Gas Exploration and Bulgarian River Shipping shed 4.12%, 5.66% and 5.57%, respectively. Construction stocks Holding Roads, Mostsroy and Trace Group Hold trade at around 1.7% to 2.4% discount. Hevyweights Sopharma, Lead and Steel Complex as well as Albena AD were among the few gainers. Their shares rose 1.22%, 2.39% and 2.57%, respectively.

 

Compensatory market
Compensatory instruments and investment vouchers
Ticker Volume High Low Close Average Change %
KZ 68200 0,415 0.400 0.42 0.41 +3.49%
GKZ 17000 0.40 0.40 0.40 0.40 0.00
PKB 57983 0,39 0,38 0.39 0.39 +2.63%