Bulgarian Most Liquid Shares Trade Flat In 1999.
Published:
18 December 1999 y., Saturday
Most liquid shares traded on Bulgaria_s bourse this year were in Neftochim oil refinery, tobacco monopoly Bulgartabac Holding , Solvay-Sodi soda ash producer, experts said on Thursday.
Share prices in these companies, which also include Black Sea resort Albena remained unchanged from a year ago.
The Bulgarian stock exchange was largely illiquid throughout the year, mainly due to the Kosovo crisis, which turned investors away from the region. Some 30 issues traded during the year out of 860 listed. Only block deals and single trades with big packages activate and boost sporadicly bourse turnover. Bulgaria is one of the countries invited earlier this month at a summit in Helsinki to start talks on full EU membership next year.
Bulgaria_s economy is still struggling with reform and lack of investment, which leads to poor performance of most local companies.
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.
The most popular articles
The European Commission approved an application from Spain for assistance from the EU Globalisation Adjustment Fund (EGF).
more »
The European Commission today reiterated the potential of existing EU-rules on mediation in cross-border legal disputes, reminding Member States that these measures can only be effective if put in place by Member States at national level.
more »
Exports of animals and animal products from the European Union to Russia are expected to receive a boost after five new certificates for exports between the EU and the Russian Federation entered into force on August 15.
more »
World Bank Group President Robert B. Zoellick visited Moldova on August 11-12 at the invitation of Prime Minister Vlad Filat.
more »
These are the financial results of the banking activities of the Danske Bank Group in Lithuania (Danske Bankas and Danske Lizingas UAB).
more »
The European Investment Bank (EIB) today signed its first loan agreement with Armenia.
more »
Given the worsening food crisis in the Sahel, the Commission today agreed to disburse €14.9 million for food security in Niger, the worst affected country in the area.
more »
The European Commission has cleared under the EU Merger Regulation the proposed restructuring of Arnotts' debts in return for a transfer of control to Anglo Irish Bank and Royal Bank of Scotland (RBS).
more »
The European Commission today approved a new financial support package of €135 million for Morocco.
more »
The European Commission is allocating an extra €10 million in humanitarian aid for Liberia.
more »