At a general meeting today the board of Bulgarian Stock Exchange AD (BSE) decided to start calculating two new indexes, BSE announced.

These are a branch index of real estate trusts and an index with equal weights of the included companies.

According to the proposal BG-REIT will be a weight index based on the market capitalization, corrected with the free-float of the issues included in it. The free-float-corrected market cap of each of the issues included in the index is a product of the number of issued shares, free-float coefficient and the last average-weighed price.

BSE1000 is a price index, based on the variations in the prices of the issues included in the index. (The proposed name is a result of the equal share of each company in the index – 1000 leva, which is only indicative). The values of BSE1000 for the day will be calculated as a sum of the products of the weight coefficient prices of the issues, included in the index.

BSE’s board also decided today to remove CB DZI Bank from BG40 because the bank was delisted. Monbat will be included in its place. The change will be made on 9 May 2007.