Bulgarian Stock Exchange – Sofia
The Bulgarian Stock Exchange – Sofia is a stock exchange operating in Sofia, the capital of Bulgaria. It was founded as First Bulgarian Stock Exchange on 10 October 1991 as a joint stock company.
The Sofia Stock Exchange which had been established through a tsar's decree, ceased to operate after the Second World War as Bulgaria became a communist state.
In January 2011, the stock exchange 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.
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, and the Prague Stock Exchange.
The Bulgarian Stock Exchange is a member of the Federation of Euro-Asian Stock Exchanges.
