Bulgarian Stock Exchange
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The Bulgarian Stock Exchange ( bg, Българска фондова борса, ''Balgarska fondova borsa'', abbreviated BSE) is a stock exchange operating in
Sofia Sofia ( ; bg, София, Sofiya, ) is the capital and largest city of Bulgaria. It is situated in the Sofia Valley at the foot of the Vitosha mountain in the western parts of the country. The city is built west of the Iskar river, and h ...
, the capital of
Bulgaria Bulgaria (; bg, България, Bǎlgariya), officially the Republic of Bulgaria,, ) is a country in Southeast Europe. It is situated on the eastern flank of the Balkans, and is bordered by Romania to the north, Serbia and North Macedo ...
. It was founded as First Bulgarian Stock Exchange on 10 October 1991 as a joint stock company. 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 The Frankfurt Stock Exchange (german: link=no, Börse Frankfurt, former German name – FWB) is the world's 12th largest stock exchange by market capitalization. It has operations from 8:00 am to 10:00 pm ( German time). Organisation Loca ...
, Athens Stock Exchange, OMX, and the
Prague Stock Exchange Prague Stock Exchange (PSE; cs, Burza cenných papírů Praha (BCPP)) is the largest and oldest securities market organizer in the Czech Republic. After a 50-year hiatus brought about by World War II and the Communist regime, it was reopened in ...
.


History

The original successor called the Sofia Stock Exchange which had been established through a
tsar Tsar ( or ), also spelled ''czar'', ''tzar'', or ''csar'', is a title used by East and South Slavic monarchs. The term is derived from the Latin word ''caesar'', which was intended to mean "emperor" in the European medieval sense of the ter ...
's decree, ceased to operate after the
Second World War World War II or the Second World War, often abbreviated as WWII or WW2, was a world war that lasted from 1939 to 1945. It involved the vast majority of the world's countries—including all of the great powers—forming two opposi ...
as Bulgaria became a
communist state A communist state, also known as a Marxist–Leninist state, is a one-party state that is administered and governed by a communist party guided by Marxism–Leninism. Marxism–Leninism was the state ideology of the Soviet Union, the Comi ...
. In January 2011, the stock exchange (stock symbol: BSO) was officially added to the regular market trading. As of November 2011, the total market capitalization of the Bulgarian Stock Exchange is around US$8.5 billion. The exchange has pre-market sessions from 9:00 am to 9:20 am, normal trading sessions from 9:20 am to 1:45 pm and post-market sessions from 1:45 pm to 4:00 pm on all days of the week except Saturdays, Sundays and holidays declared by the exchange in advance. In June 2018, the name of the stock exchange was changed from 'Bulgarian Stock Exchange - Sofia' to just 'Bulgarian Stock Exchange'.


Indices

The Bulgarian Stock Exchange publishes the following indices: * SOFIX * BG40 * BGTR30 * BGREIT The Bulgarian Stock Exchange is a member of the
Federation of Euro-Asian Stock Exchanges The Federation of Euro-Asian Stock Exchanges (FEAS) is a non-profit international organization comprising the main stock exchanges in Eastern Europe, the Middle East, and Central Asia. The purpose of the Federation is to contribute to the cooperat ...
.


References


External links

* {{DEFAULTSORT:Bulgarian Stock Exchange - Sofia Financial services companies established in 1991 Stock exchanges in Europe Economy of Bulgaria Companies based in Sofia Bulgarian companies established in 1991