Invest in Bulgaria - The Preferred Partner of Investors Seeking Opportunities in Bulgaria
Follow:
GUGUSHEV & PARTNERS is among the leaders on the Bulgarian legal market Comprehensive Organization of MBA and EMBA Study Trips in Bulgaria
NEWS BY TOPIC
FDI in Bulgaria (13)
Health (4)
Macroeconomic Data (49)
Business (361)
Investments (155)
Infrastructure (97)
Financial (126)
Economy (350)
Construction (14)
Politics (62)
Real Estate (27)
Interesting Facts (24)
Sports (10)
NEWS BY SECTOR
Software and Information Technology (28)
Real Estate (56)
Tourism (112)
Waste Management (9)
Automotive (23)
Electronics (3)
General (81)
Renewable Energy (66)
Agriculture (22)
Construction (90)
Food and Beverage (20)
Textile (2)

Bulgarian Stock Market Catches Whiff of Optimism
BULGARIAN STOCK MARKET CATCHES WHIFF OF OPTIMISM
Date: 27/08/2010
Source: Dnevnik
Bulgarian Stock Market Catches Whiff of Optimism

Investor interest in the Bulgarian Stock Exchange (BSE) returned slowly and feebly on Thursday when the benchmark index SOFIX finished almost 1% higher at 387.18 points after six negative sessions.

The other indices also made it to positive territory, with Dnevnik 20 of the biggest and most liquid stocks gaining 0.69% to 55.36 points and the broader BG40 adding 1.4% to 110.88 points.

Growth was fuelled by state-owned tobacco monopoly Bulgartabac Holding, which rallied by almost 8%, and resort operator Albena with an over 5% increase.

Total turnover on the regulated market added up to BGN 500,000, nearly half of which came from car battery maker Monbat. The manufacturer edged 0.15% lower for the session.

“Over the past couple of weeks there has been a trend towards rising prices and obviously interest by some of the investors in buying liquid stocks,” said Mincho Minchev, chief trader at Investbank. He said that expectations for economic improvement both in Bulgaria and in the European Union (EU) are lifting investors’ spirits. Minchev added that until recently investors were sitting on the sideline as they waited for events to develop on the global markets. The Bulgarian bourse has long severed its connection with the goings-on there but major concerns in the US or Western Europe have sometimes dampened the mood of Bulgarian players as well.



Topic: Financial



Featured District
HASKOVO DISTRICT AND CITY INFORMATIONHaskovo
Invest Bulgaria Charts
Consumer Price Index of Bulgaria (annual change)
Consumer Price Index of Bulgaria (annual change)

Final Consumption of Bulgaria
Final Consumption of Bulgaria

See all charts
Did You Know?
New Sofia Airport
New Sofia Airport
Since 2006, Sofia has a modern brand new international airport that matches the finest airports in ... More

Silistra is located in the north-easter part of Bulgaria, on the southern side of Danube river. The town is famous for its chrome factory, which produces the bigger part of the chrome products used in Bulgaria.

Intelligence Pathways - Outsource your Business, Competitive Intelligence or Back Office to Bulgaria

Bulgaria Translation - Full service Bulgarian Translation company

© Copyright 2004-2019 Invest Bulgaria Group Ltd, Sofia, Bulgaria. All rights reserved.

 
Please read Conditions of Use, Copyright Statement and Privacy Policy for this web page and web site.


Bulgaria Translation Bulgarian Agriculture Bulgarian Textile BestFlowers.bg Sofia Web Works Bulgarian Coins Intelligence Pathways Bulgarian Outsourcing

Crafted by Sofia Web Works. Maintained by Website Maintenance, the kings of Website Migration.


Our Featured Members