Bucharest Stock Exchange
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).
Global index provider FTSE Russell announced during the March 2020 interim review a series of clarifications regarding the promotion of Romania to the status of Secondary Emerging Market, according to a press release of the Bucharest Stock Exchange.
Bucharest Stock Exchange (BVB) opened Monday's session down, and 10 minutes in, it recorded transactions worth 14.23 million lei (2.9 million euros). The main BET index, indicating the trend of the 15 most liquid companies, registered a decrease of 9.79 pct, to 8,520.67 points, and the BET-Plus index, which shows the trend of the 37 most liquid titles from BVB, was down 9.56 pct.
Transelectrica reduced its electricity transmission tariffs by 1.96pct as of January 16, 2020, as a result of a cut in the contribution paid to the National Energy Regulatory Authority (ANRE) from 2pct to 0.2pct of the business turnover, according to a report submitted on Friday to the Bucharest Stock Exchange (BVB).
The prospect of the Bucharest Stock Exchange (BVB) to promote to emerging market status, the diversification of BVB products, the need for setting up the Central Counterparty and the stage of the Sovereign Investment Fund are among the main topics the second Capital Market Forum taking place this Friday in Bucharest will be looking at; the event is organized by the Financial Intelligence econom
The bond segment is entering a stage of unprecedented diversification for the local capital market as investors who have had access to corporate, municipal and government bonds so far can trade the first mortgage bonds, Bucharest Stock Exchange (BVB) CEO Adrian Tanase told a conference on Wednesday.