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Bulgarian Stock Market RSS Feed

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2
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Created
10/04/02
Type
Free
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Well i create this discussion board for traders who invest in emerging markets.I have been investing in RUSSIA and Bulgaria since 1998;Since april 2001 i made over 1000% in only one Russian stock-AVTOVAZ.MY Bulgarian portfolio is not doing as well being up only 123% since october 2000,but still down 10 % from where i started in 1998.http://www.investorbg.com/Sofix/SOFIXInfo.asp?ReportType=chart&Period=365&SortBy=Date_&S... There you can see the 1 year chart of the Bulgarian Index SOFIX Or you could go to www.bse-sofia.bg the site of The Bulgarian Stock Exchange SOFIX is up about 23 % in local currency terms,but beacuse bulgarian currency is linked directly to the Euro,that's why an investor who have put a hipothetical 10000$ worth of Bulgarian Stocks will now have about 13000 $.Remember that this market HAS THE LOWEST P/E RATIOS IN THE WORLD.ONE OF THE LEADING BLUE CHIPS HAS A P/E OF 2,64.THE OVERALL p/e RATIO ON THE MAIN INDEX is 3,35.And of course this country will soon join NATO and the European Union.It is a democratic country,and if u invest now there,you could gain a lot of money! This post is for information purposes only and the author is not liable or eligible for any lossess of the readers of this post or for third party people.Investing in foreign securities is very risky ,a contains risks asociated with currency fluctuations and political unstability.
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