SOFIA (Bulgaria), September 21 (SeeNews) – The SOFIX-based exchange-traded fund (ETF) Expat Bulgaria [BUL:BGX] received orders on the primary market for the issuance of 120,000 shares on Wednesday, the fund management company said.
The new issuance will increase the number of shares issued by the fund to 25.04 million, Expat Capital said in a statement.
On Tuesday, the ETF received orders on the primary market for the issuance of another 500,000 shares.
Expat Bulgaria is the only ETF in the country. It follows the performance of the main index of the Bulgarian Stock Exchange (BSE), the SOFIX.
As at 1000 CET on Thursday, Expat Bulgaria shares traded 0.73% higher at 1.252 levs ($0.76/0.63 euro).
(1 euro = 1.95583 levs)