A total of three trades were sealed in Billboard's stock on the Bulgarian Stock Exchange (BSE) today. The trades were for 3, 5 and 8 shares, respectively. The total turnover on the position amounted to a mere 13.53 leva.
This example brings to the fore the issue for the benefits of such transactions in view of the fees charged for the trades.
BSE's total turnover exceeded yesterday's figure (215,500 leva) but remained close at 238,230 leva. A total of 51 issues were traded on the day with 24 of the companies posting stock price gains.
BSE's indexes ended Thursday's session in positive territory: SOFIX (+0.09%, to 371.99 points), BG 40 (+0.07%, to 104.33 points), BG REIT (+0.89%, to 38.73 points) and BG TR30 (+0.35%, to 286.18 points).
BSE's management may soon offer financial incentives for the more active investment intermediaries. But are there any investment intermediaries at all?