The Bulgarian Stock Exchange (Bulgarian: Българска фондова борса, Romanized: Bulgarska fondova borsa), or BSE, is the sole licensed and operating stock exchange in Bulgaria. It was founded on 10 October 1991.
| Българска фондова борса | |
 | |
| Type | Stock Exchange |
|---|---|
| Location | Sofia, Bulgaria |
| Founded | 1991 |
| Owner | Ministry of Finance (50.5%) Public companies (49.5%) |
| Market cap | 28.35 billion BGN (2020) |
| Indices | SOFIX BG40 BGTR30 BGREIT |
| Website | www |
As of 2020, the BSE is 50.5% owned by the Bulgarian government, which is actively seeking potential investors, some of them being the Frankfurt Stock Exchange, Athens Stock Exchange, OMX, and the Prague Stock Exchange.
The BSE is a member of the Federation of Euro-Asian Stock Exchanges.[citation needed]
History
editThe original exchange, the Sofia Stock Exchange, which had been established by a tsar's decree in 1914, ceased to operate after the Second World War as Bulgaria became a communist state.
In January 2011, the stock exchange (Stock symbol: BSO) was officially added to the regular market trading.[1]
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.[2]
In June 2018, the name of the stock exchange was shortened from 'Bulgarian Stock Exchange – Sofia' to 'Bulgarian Stock Exchange'.[3]
In August 2023, the company formed EuroCTP as a joint venture with thirteen other bourses in an effort to provide a consolidated tape for the European Union, as part of the Capital Markets Union proposed by the European Commission.
Indices
editThe Bulgarian Stock Exchange maintains the following indices:[citation needed]
References
edit- ^ "Bulgarian Stock Exchange Brief History". Retrieved 9 February 2017.
- ^ Market Hours, Bulgarian Stock Exchange via Wikinvest
- ^ "BSE Brief History". Bulgarian Stock Exchange.
External links
edit
- Official website (in Bulgarian and English)