The Actualization of BGTR30 Becomes Effective Tomorrow
The amendments in BGTR30 will be in power as of tomorrow (December 3).
Bulgarian Telecommunications Company is taken off the index's calculation and replaced by Fazerles.
As you know BGTR30 is measures the changes of the stock price of its components, all of which have equal weight.
The issues in the index's calculation must meet the following criteria – the company's market value must be above 10 mln leva (5.112 mln euros), free-float must be at least 10%, and the number of shares must be at least 250,000.
All issues meeting the above mentioned criteria are listed in terms of the following: market capitalization, number of transactions in the past 1 year, turnover in the past 1 year, and free-float. All these factors are of equal importance. The top 30 companies in the chart enter the calculation of BGTR30.
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