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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.
June 2015 brought a 65% decrease on the year to BGN 26,4 M, according to data of BSE-Sofia.
June was the last month with the active participation of collapsed lender Corporate Commercial Bank (KTB, Corpbank) in the Bulgarian Stock Exchange and the turnover of the bank stood at BGN 31,7 M and at BGN 187 M for the first half of 2014.
KTB was among the top three generators of turnover of the BSE-Sofia over a period of six years, the two others being Bulgartabac Holding AD, and Petrol AD.
The turnover of BSE-Sofia of BGN 26.4 M in June failed to reach the absolute bottom of BGN 23,2 M for the past ten years reached in July 2014, according to investor.bg.
Bulgaria’s Financial Supervision Commission (FSC) has refused to approve the IPO prospectus of Smart Organic AD, a producer and distributor of organic products.
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.
At the end of 2014, publicly traded companies in Bulgaria registered a net profit of BGN 147.286 M, according to the annual financial results of the companies whose shares are traded on the Bulgarian Stock Exchange (BSE-Sofia).
After Bulgaria’s leading blue-chip index SOFIX returned to a growth path in March, it has been moving up in the rankings of Central and Eastern Europe.
Total turnover on the Bulgarian stock market has slumped by more than 75% month-on-month in February after Parliament curbed land purchases by non-EU companies and individuals.
With two months left until the end of the year, the collection of some of the main taxes is significantly lagging behind the targets set in the budget.
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