Bulgarian Stock Exchange - Sofia
Encyclopedia
The Bulgarian Stock Exchange – Sofia is a stock exchange
operating in Sofia
, the capital of Bulgaria
. It was originally founded as Sofia Stock Exchange on 15 April 1914 through a tsar's decree, but ceased to operate after the Second World War as Bulgaria became a communist state
. It was re-established in late 1991.
As of November 2011, the total market capitalization of the Bulgarian Stock Exchange is around $8.5 bln. The exchange has pre-market sessions from 09:00am to 09:20am, normal trading sessions from 09:20am to 01:45pm and post-market sessions from 01:45pm to 04:00pm on all days of the week except Saturdays, Sundays and holidays declared by the Exchange in advance.
The Bulgarian Stock Exchange publishes the following indices:
As of May 2010, the Bulgarian Stock Exchange is 44% owned by the Bulgarian government, which is looking for potential worldwide investors, some of them being the Frankfurt Stock Exchange, Athens Stock Exchange
, OMX, the Prague Stock Exchange, etc.
Stock exchange
A stock exchange is an entity that provides services for stock brokers and traders to trade stocks, bonds, and other securities. Stock exchanges also provide facilities for issue and redemption of securities and other financial instruments, and capital events including the payment of income and...
operating in Sofia
Sofia
Sofia is the capital and largest city of Bulgaria and the 12th largest city in the European Union with a population of 1.27 million people. It is located in western Bulgaria, at the foot of Mount Vitosha and approximately at the centre of the Balkan Peninsula.Prehistoric settlements were excavated...
, the capital of Bulgaria
Bulgaria
Bulgaria , officially the Republic of Bulgaria , is a parliamentary democracy within a unitary constitutional republic in Southeast Europe. The country borders Romania to the north, Serbia and Macedonia to the west, Greece and Turkey to the south, as well as the Black Sea to the east...
. It was originally founded as Sofia Stock Exchange on 15 April 1914 through a tsar's decree, but ceased to operate after the Second World War as Bulgaria became a communist state
Communist state
A communist state is a state with a form of government characterized by single-party rule or dominant-party rule of a communist party and a professed allegiance to a Leninist or Marxist-Leninist communist ideology as the guiding principle of the state...
. It was re-established in late 1991.
As of November 2011, the total market capitalization of the Bulgarian Stock Exchange is around $8.5 bln. The exchange has pre-market sessions from 09:00am to 09:20am, normal trading sessions from 09:20am to 01:45pm and post-market sessions from 01:45pm to 04:00pm on all days of the week except Saturdays, Sundays and holidays declared by the Exchange in advance.
The Bulgarian Stock Exchange publishes the following indices:
- SOFIXSOFIXSOFIX is the first official index of the Bulgarian Stock Exchange, started on October 20, 2000. It represents a correlation of the sum of the market capitalization of the companies within the index portfolio on the current day and the sum of the market capitalization of the same on the previous...
- BG40
- BGTR30
- BGREIT
As of May 2010, the Bulgarian Stock Exchange is 44% owned by the Bulgarian government, which is looking for potential worldwide investors, some of them being the Frankfurt Stock Exchange, Athens Stock Exchange
Athens Stock Exchange
The Athens Stock Exchange or ASE or ATHEX is a stock exchange located in Athens, Greece.-History:The Athens Stock Exchange started trading in 1876. The Athens Stock Exchange is a subsidiary of Hellenic Exchanges S.A., whose shares are listed in ATHEX...
, OMX, the Prague Stock Exchange, etc.
External links
- Official website (in Bulgarian and English)