Bulgarian Stock Exchange Honors Top Performers of 2024
The Bulgarian Stock Exchange (BSE) celebrated the achievements of top-performing investment intermediaries, banks, and public companies at a ceremony held at the Grand Hotel Sofia. The event recognized brokers with the highest number of transactions and turnover, as well as key contributors to Bulgaria's capital market growth in 2024, CE Report quotes BTA
Caretaker Finance Minister Martin Danovski highlighted the significance of the capital market, emphasizing its role in financing the real economy within the European Union. Despite Bulgaria's market being smaller, he stressed its integral connection to European processes.
BSE CEO Manyu Moravenov noted that while the year's turnover started slower than expected, it reached BGN 200 million by December, marking a 24% growth compared to 2023. Transactions grew by 14%, with an annual turnover of BGN 975 million. The main index, SOFIX, saw a 17% year-to-date increase by the end of December.
2024 BSE Award Winners
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Investment Intermediaries:
- Highest Turnover: EuroFinance (1st), Central Cooperative Bank (2nd), Real Finance (3rd).
- Most Transactions: Karoll Broker (1st), ELANA Trading (2nd), BenchMark Finance (3rd).
- BEAM Market: EuroFinance (Highest Turnover), Karoll Broker (Most Transactions).
- MTF BSE International: Karoll Broker (Highest Turnover & Most Transactions).
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Active Issuer Intermediaries: Sofia International Securities, ABC Finance, Focal Point Investments.
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Most Liquid Issuers:
- Premium & EuroBridge Markets: Shelly Group SE (1st), First Investment Bank (2nd), Sopharma (3rd).
- Standard Segment: Doverie United Holding (1st), Telematic Interactive Bulgaria (2nd), Eleven Capital (3rd).
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Notable Recognitions:
- Smart Organic for transitioning from BEAM to the main market.
- Bulgarian Real Estate Fund for the highest price growth among SOFIX companies.
Darik Radio's Ivan Nonchev received the journalist award for his contributions to promoting Bulgaria's capital market.
The ceremony underscored the BSE's progress and its commitment to fostering growth in the financial sector.
