March 27 (SeeNews) - The Bulgarian Stock Exchange said on Wednesday that local resort operator Albena [BUL:6AB] has appointed brokerage Elana Trading as its market maker.
Elana Trading will assume the role as of April 1, the Sofia exchange operator said in a statement.
Elana Trading commits to keeping a buy/sell spread of 5% or lower, with a minimum value of the quote at the time of entering of 2,500 levs ($1,400/1,300 euro), in at least half of all trading days within each month.
As at 14:20 CET on Wednesday, Albena shares traded 0.47% higher at 42.8 levs on the BSE.
(1 euro = 1.95583 levs)