2024-05-09 21:49:13
We are shareholders in a new company with 14 more European exchanges
BGN 193.3 million is the turnover of the markets organized by the Bulgarian Stock Exchange for the first three months of this year. This is recorded in the interim report of the financial institution, announced on its website.
A comparison with the same period last year shows a 114% growth. The data show that the highest turnover was in March, when BGN 83 million was realized, and the lowest in January 2024 – BGN 35 million.
22,653 are the transactions concluded on the stock exchange, which is 40% from the first quarter of 2023. The most transactions were in January – 8,993, and the least in March – 6,557.
The number of new issues of financial instruments admitted to trading on the markets organized by the exchange is growing – as of March 2024, 14 instruments were traded, while for the first three months of 2023 there were only 4.
Earnings per share have been growing continuously since 20219 – from BGN 0.42 in 2019, falling to BGN 0.70 in 2022 to double to BGN 1.94 in 2024, show the data from the exchange report. The gross dividend per share last year was BGN 1.04.
In August last year, the company EuroCTP was established, in which 14 European stock exchanges, respectively exchange groups representing the operators of the main regulated markets in 25 EU countries, are shareholders, it is clear from the report. The purpose of the new company is to provide consolidated market data for shares in the European Union. In addition to being a member, the Bulgarian Stock Exchange represents the small exchanges in the Supervisory Board of the new company.
Our stock exchange plans to launch an electronic platform for concluding and registering loan contracts for financial instruments. The aim is to stimulate short selling to improve market liquidity.
In partnership with LSEG Data & Analytics, our stock exchange plans to provide data on the sustainable performance of Bulgarian public companies. The data in the form of ratings will serve to select the companies that will be included in the exchange’s future ESG index, which is expected to launch in mid-2024.
As part of its 15-year partnership with the German operator Deutsche Börse, since July 2021 the exchange has launched the MTF BSE International market, on which the shares of nearly 400 top global companies, ETFs and crypto ETNs are currently traded.
A new EuroBridge Market segment is currently being created on the BSE Main Market, through which an opportunity is provided for Bulgarian issuers to be admitted to trading on a regulated market of financial instruments organized by Deutsche Boerse AG, the exchange also stated in its report.
Together with the Ministry of Finance, a program is being prepared for the public offering of government securities on the stock exchange, the idea of which is to increase the number of active investors, to activate the secondary trading of government securities.
Through the Oxygen platform, since January, public companies can now calculate their carbon footprint completely free of charge and receive a digital solution to assess environmental, social and corporate sustainability. Currently, 17 companies whose financial instruments are listed for trading on the stock exchange and one company that is not public use this instrument.