Foto: BVB

The Romanian capital market brought significant increases for the investors trading on the Bucharest Stock Exchange (BVB). In a context dominated by the coronavirus pandemic, the last 12 months brought an increase of 17.7% in the BET-TR index, which also includes dividends. Thus, in the last trading session of February 2020, BET-TR was at a level of 14,599 points, while at the end of last month it reached 17,139 points. Almost a quarter of the total growth rate from the last 12 months, of over 4 percentage points, was achieved at the level of the BET-TR index in January and February this year.

The total value of transactions with all types of financial instruments went up at the end of the first two months of this year compared to the same period last year. On the Regulated Market of BVB, total transactions of RON 2.25 billion were made, +16.4% compared to January-February 2020. On the Multilateral Trading System, the cumulative value of transactions reached RON 187 million in the first two months this year compared to a level of RON 42 million in 2020, which means an increase of 343%.

”The year 2021 started on a strongly optimistic note for the Bucharest Stock Exchange. This fact is the cumulative result, on one hand, of the constant efforts made by BVB to promote itself as an essential pillar of financing and, on the other hand, of a better understanding and increased trust among the Romanian companies’ shareholders, who seize the outstanding opportunities offered by the presence on the stock exchange”, said Radu Hanga, President of the Bucharest Stock Exchange.

”We are in a positive moment for the market as the premises to accelerate the development of the capital market are created and they only need to be used by market participants. Also, one of BVB’s objectives to increase Romania’s representativeness in international indices is gaining more and more consistency. As of March, the international investors following the FTSE Russell indices have access to four Romanian companies: Banca Transilvania and Nuclearelectrica in All-Cap indices, Bittnet and TeraPlast in Micro Cap indices. It is likely that this list will include at least one more company in the 2021 FTSE Russell assessments”, stated Adrian Tanase, CEO of BVB.

The Romanian capital market was included, as of September last year, in the Emerging Markets category according to the classification made by the global index provider FTSE Russell.

Florin Cepraga, Senior PR Specialist, Bucharest Stock Exchange

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