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. During the week from the Privatization Agency announced that the privatization of state-owned shares (by one third) in CEZ Bulgaria AD and CEZ Electro Bulgaria AD will start on October 29, 2012

In developed markets around the world has been reported one positive week. The most profitable was the Japanese index NIKKEI, which increased by 5.49 %. In the other economic colossus of the Asian continent - China - National Statistics Bureau data shows that gross domestic product rose by 7.4 % in the third quarter, coinciding with analysts' expectations while inflation slowed to the lowest level in two years, as in September the CPI has risen just 1.9 % compared with the same month last year. In September on an annual basis Chinese exports noted an increase of 9.9 %, while economists had expected growth to be much less. Exports to the U.S. grew at the fastest pace in three months. Exports to the European Union, however, fell by 10.7 %. World Bank lowered its forecast for China's economic growth to 7.7 percent, while the previous forecast was for growth of 8.2 percent....more »

Collective investment schemes managed by UBB Asset Management reported increases, as for three of them they exceeded 1% and generally they outperformed indexes. High risk UBB Premium Equity took the leading zvyae with a growth of 1.78 %. Transactions concluded last week have intended to reach the set target weights for each of the positions in the portfolio.

Tihomir Nenov, risk manager