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SOFIX, the main index on the Bulgarian stock exchange, jumped by 10% up to 397.02 points Thursday morning. Photo by Sofia Photo Agency
The Bulgarian stock market indices rebounded at the start of trading on Thursday in line with a rise on Europe's leading stock markets.
SOFIX, the main index on the Bulgarian stock exchange, jumped by 10% up to 397.02 points in the morning, BG-40 rose by 4.05% to 103.65 points, BGTR30 went up by 5.06% and stood at 275.66 points and BGREIT edged up by 1.15% to 39.44 points.
European shares rose in early trade on Tuesday with financials the biggest gainers on hopes that the results of U.S. government stress tests on banks would reveal only modest shortfalls for the sector.
London's FTSE 100 index of leading shares gaining 0.28 percent to 4,408.75 points after Barclays bank posted positive results.
Frankfurt's DAX 30 rose 0.37 percent to 4,898.54 points and the Paris CAC 40 jumped 1.11 percent to 3,320.06 points as the European Central Bank was expected to cut eurozone interest rates to a record low 1.0 percent Thursday.
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Chinese online trading giant Alibaba could receive about $ 11 billion from its listing on the Hong Kong Stock Exchange - the largest stock offering in the city since 2010, according to global agencies.
Fangdd Network Group, China's leading online real estate platform, is scheduled to be listed on the US stock exchange next week.
Bulgaria’s Financial Supervision Commission (FSC) has refused to approve the IPO prospectus of Smart Organic AD, a producer and distributor of organic products.
The Bulgarian Stock Exchange-Sofia (BSE-Sofia) has reported a 68% decrease in turnover to BGN 250,6 M on the year in the first half of 2015.
Sopharma Trading AD, a leading Bulgarian distributor of pharmaceuticals, is expanding into Serbia, according to a media statement of the company to the Bulgarian Stock Exchange-Sofia (BSE-Sofia).
Emil Karanikolov, head of the Privatization and Post-Privatization Control Agency, has said that the State Agency for National Security (DANS) will be consulted on the privatization of the Central Depository AD.
The price of retail lamb in Bulgaria has surged by 8.4% on an annual basis, according to statistics released by the Ministry of Agriculture and Food, with data sourced from SAPI indicating an average price of BGN 25.27 per kilogram as of April 10
According to recent data from the Confederation of Independent Trade Unions of Bulgaria (CITUB), the financial strain on Bulgarian households continues to intensify
Experts suggest that Bulgaria's admission to the Eurozone is more realistic in January 2026
February witnessed a surge in remittances from Bulgarians residing abroad, reaching a remarkable EUR 110.5 million, marking the highest value since last July
Amidst financial fluctuations and strategic fiscal decisions, Bulgaria's Minister of Finance, Lyudmila Petkova, unveils the nation's robust fiscal reserve, standing tall at BGN 10.9 billion as of April 18th
Sofia, the vibrant capital of Bulgaria, is experiencing a surge in its economic landscape, surpassing the average European standard of living, according to senior researcher Peter Ganev from the Institute for Market Economics
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022
