Bulgaria’s SOFIX Second Best Performing Index in CEE in March
Friday, 03 April 2015
After Bulgaria’s leading blue-chip index SOFIX returned to a growth path in March, it has been moving up in the rankings of Central and Eastern Europe.
According to calculations of Bulgarian business news portal investor.bg, based on Bloomberg data, SOFIX moved to second place among the top-performing indices in the region in March.
In February SOFIX was at the bottom of the ranking, at place 18 out of 19.
Although Bulgaria reported an optimistic trend, it did not apply to the entire CEE region, with 8 indices registering significant decreases, 5 remaining more or less unchanged, and 6 registering tangible increases.