Stock market

Stock market transaction volume more than doubles

Turkish stock exchange markets' transaction volume increased by 2.5 times to hit a record 5.2 trillion Turkish Liras (around $700 billion) in the first quarter of 2020.

The main reason behind the sharp increase in the volume registered in the first quarter was the transactions carried out by local investors, said a report by the Turkish Capital Markets Association (TSPB).

Central bank's official: 7 million Romanians waiting to invest billions of Euro in state listings

The argument "we are not selling this country for peanuts" will not hold, because we can actually buy it ourselves, there are 7 million Romanians who are waiting to invest billions of Euro in these state listings and here I am referring to the private pension funds, said, on Tuesday, in a specialty video-conference, Cristian Popa, Board member of the National Bank of Romania (BNR).

Pandemic Wasn’t Bad for All – Worlds’ Richest Added New Billions to Their Wealth

The year 2020 was critical for the whole mankind in terms of health fears, as well as concerns over personal wealth, Reuters reported. However, the world crisis was not equally bad for everyone. The world's wealthiest have managed to explore the opportunity caused by the Covid-19 turmoil and added new billions to their bank accounts.

Serbia buys additional share of Montenegrin power transmission system

EMS bought an additional five percent of the shares of the Montenegrin power transmission system on the stock exchange.
By the way, EMS is 100% owned by the state of Serbia.
In 2015, EMS bought slightly more than 10% of the shares of Montenegrin electricity transmission system (Elektroprenos Crne Gore) on the stock exchange in the value of 13.9 million euros.

BVB: Transactions increase by 42pct in Jan-Nov; average daily trading value close to 13 M euros

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.