March 18 (SeeNews) - The Bulgarian Stock Exchange said that it has decided to increase the price spreads causing volatility interruptions by 30% due to the high volatility on the financial markets worldwide.
As at 8:35 CET on Wednesday, the blue-chip SOFIX index traded 0.03% lower at 422.3 points. Since the start of March, the SOFIX has erased over 23.2% of its value, with several blue chips losing over 40% of their share price.
You can download the 2023 Automotive industry in Southeast Europe report here
Earlier this week, the Sofia bourse denied the request of local car battery maker Monbat [BUL:5MB] for suspension of trading with its share and bond issues, saying that there are currently no conditions for trading suspension.
Bulgaria is in state of emergency until April 13, in relation to the coronavirus pandemic.