Bulgarian stocks book best Q1 since the start of 2014

The main index of Bulgarian stocks SOFIX added 8.11% q/q in 1Q17, best performance since the start of 2014. The index booked fourth consecutive quarter on the upside adding 43% since the last down quarter – 3Q16. Generic drug pharma company Sopharma (3JR BU) contributed most to SOFIX’ performance over the quarter, adding 31% q/q… Read more


SOFIX ETF gets BGN 22m inflow and considers cross listing abroad

The first SOFIX EFT – Expat Bulgaria SOFIX UCITs ETF gets BGN 22m cash inflow from local pension funds, considers cross listing abroad, the fund manager Expat Asset Management announced in a statement. The inflow is one of the highest since the end of 2008 crisis. As a result SOFIX is at a two year… Read more

Liquid Bulgarian stocks deliver 4% average dividend yield in 2016

Liquid Bulgarian stocks deliver 4% average dividend yield in 2016 from 2015 profits distribution, according data as of end of June 2016 compiled from company announcements and ex-div date stock prices available. This is slightly lower than 2015 average result when 214 profits were distributed among investors. The 5-year average dividend yield for all liquid… Read more


Chimimport may pay dividends on common stock for the first time in 10 years

Chimimport proposes dividend distribution on common shares after the preferred shares conversion on 16 June 2016. The proposal is to be discussed at the annual shareholders’ meeting, scheduled for July 27th, 2016, according to filings with the Trade Registry. Dividend policy and history Chimimport is the biggest holding structure on the Bulgarian Stock Exchange. Up… Read more