The Bulgarian Stock Exchange
The markets
| Market | What trades there | Issues, March 2026 |
|---|---|---|
| Main market (BSE) | Premium, EuroBridge and Standard shares, REITs, ETFs, bonds and government securities | 270 |
| Alternative market (BaSE) | Shares and special purpose vehicles | 152 |
| beam | SME growth market for small companies | 24 |
| MTF BSE International | Foreign shares such as Nvidia and Novo Nordisk | 272 |
Source: Bulgarian Stock Exchange: Consolidated management report for Q1 2026 (MarketScreener)2
The EuroBridge segment, set up in 2024 with Deutsche Börse, lets Bulgarian companies trade in Sofia and Frankfurt at the same time. Shelly Group was first; Sirma Group Holding joined in February 2026.2,3
Indices
| SOFIX | The main blue-chip index; its record high was 1,981.80 in October 2007 |
|---|---|
| BGBX40 | Broad index of 40 companies |
| BGTR30 | Total return index of 30 companies, including dividends |
| BGREIT | Real estate investment trusts |
| beamX | Companies on the beam growth market |
Source: Bulgarian Stock Exchange; Trading Economics: Bulgaria stock market (SOFIX)4,1
Activity in 2026
- Turnover in the first quarter of 2026 was €196 million, up 134% on a year earlier.
- New investors rose by 30% in January, and new foreign participants by 64%; local individuals make up most new investors.
- The most traded shares included Sopharma, Shelly Group, Sirma Group and Gradus.
- Market capitalisation was about 8.7% of GDP.
Source: Bulgarian Stock Exchange: Consolidated management report for Q1 2026 (MarketScreener)2
Ownership and tax
The Ministry of Finance owns 50.05% of the exchange, which is itself listed. Its group includes the Independent Bulgarian Energy Exchange (IBEX). Gains on shares sold on the exchange, or another regulated market in the EU or EEA, are tax-free for individuals and companies.2,5
Frequently Asked Questions
What is the SOFIX index level on the Bulgarian Stock Exchange?
SOFIX stood at 1,518 points on 8 October 2026, about 41% higher than a year earlier. Its record high was 1,981.80 in October 2007.
Which markets are available on the Bulgarian Stock Exchange, and how many issues does each have?
In March 2026, the Main market had 270 issues, BaSE had 152, beam had 24 and MTF BSE International had 272. The markets cover Bulgarian shares and other securities, small-company shares and foreign shares.
How active was the Bulgarian Stock Exchange in the first quarter of 2026?
Turnover in the first quarter of 2026 was €196 million, up 134% on a year earlier. Market capitalisation was about 8.7% of GDP, and the most traded shares included Sopharma, Shelly Group, Sirma Group and Gradus.
What is EuroBridge on the Bulgarian Stock Exchange?
EuroBridge, set up in 2024 with Deutsche Börse, lets Bulgarian companies trade in Sofia and Frankfurt at the same time. Shelly Group was the first company on the segment, and Sirma Group Holding joined in February 2026.
Are gains from selling shares on the Bulgarian Stock Exchange tax-free?
Gains on shares sold on the Bulgarian Stock Exchange, or another regulated market in the EU or EEA, are tax-free for individuals and companies.
Sources
- Trading Economics: Bulgaria stock market (SOFIX)
- Bulgarian Stock Exchange: Consolidated management report for Q1 2026 (MarketScreener)
- Chambers and Partners: Corporate Governance 2026, Bulgaria
- Bulgarian Stock Exchange
- PwC Worldwide Tax Summaries: Bulgaria, individual income determination
Figures checked 13 October 2026. Prepared by InvestBulgaria for general information. It is not investment, tax or legal advice; please confirm details with a qualified adviser before acting.
