Bulgaria mutual fund assets seen at 1 bln levs '08

The assets managed by Bulgaria's mutual fund industry will double to 524 mln levs in '06 before reaching the 1 bln lev milestone in '08, said Nikolai Yalamov, managing director of financial group Capman. He said this is ... More

Drop in International Markets Hits IMKB

Losses in U.S. and European markets negatively impacted the Istanbul Stock Exchange (IMKB). The U.S. dollar worth 1,4920 YTL, triggered by a selling trend among foreign investors seeking to realize profits by the end of the ... More

The Istanbul Stock Market, One of Decade's Bests

Russian and Turkish stock markets have recorded the best performance over the past 10 years. According to research conducted by Fidelity Investments, Britain’s biggest mutual fund company, the best stock market ... More

Stock markets show economic divide

The unassuming offices of the stock exchange in Banja Luka hide a bright spot in the country's struggling post-war economy. The bourse is booming with foreign money, its index has more than doubled from a year ago, and trading ... More

Mutual Funds Boast EUR 1.64bn in Assets Under Management

Mutual funds in Slovenia managed assets worth SIT 394bn (EUR 1.64bn) at the beginning of October, an increase of 35% over the year before and 19% more than at the outset of this year, according to the fund-tracking website ... More

All-time record Exchange general index

The Bucharest Stock Exchange (BVB) continued to grow on Wednesday, with the general index BET-C reaching an all-time record value during a trading session dominated by financial investment company stocks. BET-C grew by 2 per cent ... More

Lower demand in Montenegrin stock exchange

In the last few days, downward trend has been registered at the capital market of Montenegro, after the continuous upward trend after the referendum and immediately after the parliamentary elections - analysts say this is a ... More

Bulgaria end-Aug mutual fund assets at 186 mln levs

The assets in the custody of Bulgaria's mutual funds reached 186.4 mln levs at end-August, adding 17 mln levs over July, show Dnevnik estimates based on data of the Bulgarian stock exchange. Alfa Index Top 15 was the only ... More

Bulgaria's biggest holding co to IPO Sept 7

Holding company Chimimport will make an initial public offering on September 7, said Alexander Kerezov, member of the company's managing board. Chimimport will IPO 11,083,914 new shares with a nominal value of 1 lev each as ... More

Bulgarian pawn shop operator to IPO in Sept

Sofia Commerce Zalozhni Kashti, a Bulgarian operator of pawn shops, will perform an initial public offering of shares on the local bourse in late September, said company rep Nikolai Hristov. Sofia Commerce, the nation's ... More

Shares of company "Novosti" offered at Belgrade Stock Exchange

The Belgrade Stock Exchange included shares of Belgrade-based company "Novosti" in the free stock exchange market. The first trade is schedulled for August 29, 2006. The stockholders of "Novosti" can deliver orders for sale ... More

BG40 index revised

Seven BG40 components will be replaced with new companies after the latest revision of the index which tracks the nation's 40 most liquid public corporations. Fuel retailer Petrol, sea resort operator Golden Sands, resort ... More

Fresh money boosts Stockmarket

The recent flow of fresh money into markets here has reflected positively on financial markets. The Turkish lira continued its climb against the dollar, pushing the exchange rate below 1.50, Turkish Daily News reported. The ... More

Middle East conflict hits Bucharest bourse too

The conflict in the Middle East that weakens the placements of foreign investors associated with the 30% increase of stock prices in the last three weeks were the main reasons for the 1.5% decline registered on Friday by ... More

Speculators in Turkish stock market

The fluctuations in markets led to a huge fall in the stock market, claimed to due to speculations. The action came right after an angry statement from Kemal Unakitan, the Minister of Finance, who said , “I know what to ... More

Advance Equity Holding plans an IPO on the Bulgarian stock exchange.

Private equity company Advance Equity Holding Wednesday said it plans an IPO on the Bulgarian stock exchange. That announcement following the entry of the company into the public register and the approval of its prospectus by ... More

Alfa Asset Management to launch Bulgaria's first index fund

Management company Alfa Asset Management said it is preparing to launch Bulgaria's first index-based contractual fund. The investment portfolio of the Alfa Index Top 15 fund will replicate the structure of Dnevnik 15, an ... More

BTC a 75 mln lev bourse transaction

The stock market buzz has once again centered on the transfer of a sizeable package of shares in BTC, Bulgaria's dominant landline telecom carrier. Two weeks after over 14.4 mln BTC shares or 4.97% of the company's capital ... More

Belgrade's Stock Exchange organizes course for financial reporters intended for representatives of media and banks

From June 12 to June 14, 2006, the Course for financial reporters, organized by Belgrade' Stock Exchange, will be held. On that occasion, the representatives of media and banks will be presented reading of financial reports of ... More

Athens Bourse targets for more cargo shipping investors

Athens Stock Exchange president Spyros Kapralos has urged cargo shipping companies to join the bourse and achieve growth through the market. "Greek cargo shipping is undoubtedly one of the Greek economy's foundations, and the ... More