Bulgarian Stock Exchange Reports Record Turnover for 2025

The Bulgarian Stock Exchange (BSE) has reported a record turnover of almost €550 million for 2025, surpassing its previous peak in 2022. The exchange also noted a significant increase in individual investors across the country.

BSE officials highlighted positive trends in the capital market and anticipate further investment growth in 2026.

Assoc. Prof. Dr. Manyu Moravenov, Executive Director of the Bulgarian Stock Exchange, said: “Looking at historical trends in other markets entering the eurozone, the closest comparison is the Croatian market. Over the past two years, Croatia has been a regional leader both in turnover and index growth. Our expectations for 2026 are that turnover growth will continue.”

The SOFIX index has also seen a sharp rise, up 20% since the start of the year and 90% since early 2020. The exchange expects opportunities for Bulgarian businesses to expand further following Bulgaria’s eurozone entry on 1 January.

Moravenov added: “The elimination of currency risk and transaction costs will certainly increase investment inflows into Bulgaria, particularly foreign investment. This will boost both investments and capital raising through the BSE. At the same time, many Bulgarian companies will have the opportunity to expand abroad or strengthen their business presence internationally.”

Over the past five years, the number of transactions has grown by 26%, while the number of individual investors on the market has increased by nearly 18,000.