Daily Bulletin

Wednesday, 22 October 2008
Money Market
Inter-bank market
Overnight deposits 5.90-6.40% on annual basis
1-week deposits 6.15-6.70% on annual basis

Money market rates remain elevated.

Bulgaria Government Bonds
  Currency Bid Ask Change
ZUNK Bonds USD $100.060 $102.800 -0.450
ZUNK Bonds EUR 98.000 102.000 +0.000
Eurobond 2013 EUR 103.250 103.800 -3.750
Eurobond 2015 USD $103.500 $105.000 +0.000

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

The trading volume on the secondary market for Bulgarian government bonds since the biginning of the month reached 11.33 million levs.

Forex market
Exchange rates for the day 09:00-14:15h.
  USD EUR
Inter-bank market 1.4957/1.5310 1.9557/1.9559
Clients 1.4880/1.5330 1.9520/1.9570
Cash market 1.4850/1.5350 1.9520/1.9580

LIBOR USD 1M3.27500 6M3.48250

EUR/USD traded between 1.2774 - 1.3076. The dollar rose sharply against the euro, rising to a two-year high, as gloomy global economic outlook weighed on the single currency. As of 14:15: EUR/USD - 1.2840, USD/JPY - 98.40, USD/CHF - 1.1650, GBP/USD - 1.6340. Official exchange rates for the next trading day: USD - 1.52288, GBP - 2.48155, CHF - 1.30467.

Forecast: EUR/USD support: 1.2830, 1.2780 and 1.2750 EUR/USD resistance: 1.2920, 1.3000, 1.3070

Bulgarian Stock Exchange: SOFIX 604.97 (-5.08%) Total turnover: BGN 3 894 153.78 BGN

Shares
Code Name Open Date Volume High Low Last Change % Average
6ABAlbena AD-Albena 43.8521.10.200821543.1240.0040.00-8.78%40.50
5ICInsurance Company Euro Ins-Sofia 3.9021.10.200813203.803.673.67-5.87%3.72
5MBMonbat AD-Sofia 7.2021.10.2008333707.056.806.80-5.50%6.92
4CFCB Central Cooperative Bank AD-Sofia 2.1721.10.200896042.222.112.13-1.84%2.16
5OTZLead & Zinc Complex PLC-Kardjali 17.4821.10.2008122417.7716.5016.51-5.54%16.95
5ORGOrgachim AD-Rousse 110.0021.10.2008543111.00104.00109.90-0.09%107.62
3JRSopharma AD-Sofia 2.3621.10.2008701452.332.162.20-6.82%2.21
6C9Corporate Commercial Bank AD 70.6021.10.2008481970.5470.0070.00-0.85%70.01
6C4Himimport AD 4.0921.10.2008762704.073.863.86-5.75%3.94
3TVToplivo AD-Sofia 10.6721.10.2008150010.6010.0110.04-5.90%10.52
4EHEurohold Bulgaria AD 2.7321.10.2008167692.672.552.61-4.58%2.62
6H2Holding Company Roads-Sofia 13.9221.10.200828013.0012.8013.00-6.61%12.88
3NBNeochim AD-Dimitrovgrad 70.0921.10.200862370.0068.5068.65-2.05%69.43
4IDIndustrial Holding Bulgaria PLC-Sofia 4.4021.10.2008104194.324.094.09-7.05%4.19
E4AEnemona AD-Kozloduy 9.1521.10.200824739.118.658.84-3.42%8.99
T43Zarneni Hrani Bulgaria 1.1621.10.2008227611.141.091.10-4.83%1.10
6S7Synergon Holding AD-Sofia 3.6021.10.2008129653.703.503.55-1.39%3.55
4ECElana Agricultural Land Opportunity Fund 1.1721.10.200821701.161.151.16-1.28%1.15
5F4First Investment Bank 3.9721.10.20081529284.003.704.000.76%3.94
Bonds
Code Name Open Date Volume High Low Last Change % Average
E4AAEnemona AD-Kozloduy 100.0010.10.20082100093.5093.5093.50-6.50%93.50
9FBAB.L. Leasing 103.1314.10.200860000103.10103.10103.10-0.03%103.10
9E9AAlma Tour BG Pls 102.9214.10.200880000102.90102.90102.90-0.02%102.90
4H8AHealth and Wellness REIT 100.9917.10.200810000100.99100.99100.99-0.01%100.99
9FOABulgaria Platinium Group 99.7014.10.20083000099.7099.7099.70-99.70
9MBAFlorina- Bulgaria AD 99.2617.10.200825000099.2699.2699.26-99.26

BSE benchmarks get hammered again. SOFIX lost 5.08% to 604.97 while BG40 dropped 2.60% to 161.28. Blue chips finished between 5% and 8% down. Market volume remained low - under 4 mln. levs. Panic sell-off sent 90% of the companies down.

 

Compensatory market
Code Name Open Date Volume High Low Last Change % Average
BLKCType D 0.2721.10.2008205140.280.260.26-3.33%0.27
BLKDType C 0.2621.10.2008254000.260.250.260.38%0.25