SOFIX is the first official

stock market index In finance, a stock index, or stock market index, is an Index (economics), index that measures the performance of a stock market, or of a subset of a stock market. It helps investors compare current stock price levels with past prices to calcul ...

of the

Bulgarian Stock Exchange The Bulgarian Stock Exchange (, Romanized: ''Bulgarska fondova borsa''), or BSE, is the sole licensed and operating stock exchange in Bulgaria. It was founded on 10 October 1991. The BSE is 50.5% owned by the Bulgarian government, which is ac ...

. The index represents the correlation between the total

market capitalization Market capitalization, sometimes referred to as market cap, is the total value of a publicly traded company's outstanding common shares owned by stockholders. Market capitalization is equal to the market price per common share multiplied by ...

of member companies on the current day and the previous day.

History

SOFIX was introduced on October 20, 2000 with an initial value of 100 BGN and reached its historical peak of 1981.80 BGN in October 2007. In September 2016, the first Bulgarian exchange traded fund that tracks the performance of SOFIX was launched
Expat Bulgaria SOFIX UCITS ETF

History

Index profile

Composition

References

External links