The week which marked the end of October and the beginning of November, finished with growths for all four indices. Best presented sectoral BG REIT with a growth of 1.57 %, followed closely by price-weighted BG40 with 1.47 %, while stock veteran Sofix added nearly one percentage point. Increases noted indices' performance for the whole October as Sofix, BG 40 and BG TR30 increased by between 1.6 % and 1.8%. Collective investment schemes managed by UBB Asset Management reported increases ranging from 0.14 % to 0.23 % as the leadership position was again occupied by UBB Patrimonium Land.
Лидер по повишение през изминалата седмица беше BG TR30 с ръст от 1,38 %, следван от BG 40 и Sofix със съответно 0,26 % и 0,12 %, а от общата тенденция се отличи BG REIT, който отчете минимална загуба от 0,19 %. Лидер по оборот станаха акциите на Агро Финанс АДСИЦ с 15,5 млн. лв., следвани от Адванс Терафонд АДСИЦ с 1,24 млн. лв. и Булленд Инвестмънтс АДСИЦ с 549 хил. лв.
The leader in terms of increase last week was BG TR30 with a growth of 1.38 %, followed by BG 40 and Sofix with respectively 0.26 % and 0.12 %, while from the general trend distinguished BG REIT, which reportred minimal loss of 0,19 %. The leader in terms of turnover were shares of Agro Finance REIT with BGN 15.5 million, followed by Advance Terrafund REIT with BGN 1.24 million and Bulland Investments REIT with BGN549 thousand. In an interview for a national radio, Finance Minister Simeon Djankov said that by the end of the year profits from gambling and the stock market also can be taxed. According to him, it is working on these texts currently, as probably they will be proposed between the two readings of the budget, and the goal is equal treatment, what is the purpose of a flat tax.
Основна икономическа тема през изминалата седмица бе предложението за въвеждане на данък върху лихвите от депозитите в новоприетия от правителството бюджет за 2013 г. Очаква се дефицитът да достигне 1,3 %, предвижда се индексация на пенсиите с 9,3 %, увеличение на минималната пенсия на 150 лева, социалната пенсия се вдига от 100 на 110 лева, а максималната от 700 на 770 лева.
The main economic subject last week was the proposal to introduce a tax on interest from deposits in the newly adopted by the government Budget 2013. Deficit is expected to reach 1.3 %, it is planned pensions indexation of 9.3 %, an increase in the minimum pension to BGN 150, social pension is raised from BGN 100 to BGN 110 and the maximum from BGN 700 to BGN 770. The maximum social security income grow from BGN 2 000 to BGN 2 200 and the minimum wage from the year beginnig will rise from BGN 290 to BGN 310. The budget is calculated in the pessimistic case of GDP growth of 1.2 %, while MC expectes to reach 1.9 %.
Stock indices which we follow recorded a successful week (excluding Japan), led mostly by the news of the serious decline in unemployment in America. Statistics shows that unemployment has fallen to the surprising 7.8 % from 8.1 % in August, while most analysts expected to increase to 8.2 %. This is the lowest unemployment rate in the U.S. from January 2009. This decline is most likely due to the contraction of the labor force, as many Americans have decided to retire in order to prevent from unemployment and their jobs were occupied by other people.