Bucharest Stock Exchange

Bucharest, Aug 27 /Agerpres/ - The Bucharest Stock Exchange closed upwards the last trading session of the week, with a value of transactions of 49.08 million lei (9.95 million euros). The main BET index appreciated by 0.59%, to 12,389.58 points, and BET-Plus, which shows the evolution of the most liquid 37 shares, recorded a similar increase.

The National Company Nuclearelectrica (SNN) registered, during the first half of this year, a net profit of 385.393 million RON, rising by 12.3%, in comparison with the similar period of 2020, according to the company's financial results, published on the Bucharest Stock Exchange (BVB).

Investors present at the Bucharest Stock Exchange (BVB) have intensified their trading activity during the first 7 months of this year, which determined the cumulated transaction value with all types of instruments to surpass 10.4 billion RON, the equivalent of 2.1 billion EUR, according to a report from the Stock Exchange.

OMV Petrom has ended its first semeter of this year with a net profit of 980 million RON, rising by 13% in comparison with the similar period of last year, according to the data sent on Wednesday by the Bucharest Stock Exchange (BVB).

IAR Brasov has reported a net profit worth 14.12 million RON for the first quarter of this year, an increase of 11 pct over the same period of last year, when it reported a net result of 12.72 million RON, according to a report sent on Monday to the Bucharest Stock Exchange (BVB).

The local capital market has evolved nicely both in terms of liquidity and of the value of the listed companies, president of the Bucharest Stock Exchange (BVB) Radu Hanga told a news conference today dedicated to the 10th anniversary of the listing of Fondul Proprietatea (FP).

Liquidity, measured in terms of the average daily trading value, increased by over 42% at the cumulative level of all types of financial instruments and exceeded RON 62 million (EUR 12.86 million) for the first 11 months of the year, according to a report of the Bucharest Stock Exchange (BVB) released on Wednesday.

Developing local investor community so as to have a much higher participation of the Romanian population in the capital market is the top priority for the Bucharest Stock Exchange (BVB), CEO Adrian Tanase affirmed. "It is very important to have a dialogue with companies and familiarize them with the mechanisms of the capital market so that entrepreneurs fully understand its advantages.

The mid-year consolidated net profit of the Bucharest Stock Exchange (BVB) Group was 10 percent higher, at 4.24 million lei, with the group's trading segment accounting for 75 percent of the amount, show the financial results released on Thursday.

The legislative initiative that forbids for 2 years the listing of state companies restricts the state's capacity to optimally utilize capital markets to finance costs and investments, shows a release of the Bucharest Stock Exchange (BVB).