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The total trading value with the shares listed on the Bucharest Stock Exchange doubles in the first 3 month to over EUR 1 billion

May 16, 2022

  The value of transactions performed in the first 3 months of this year with the shares of companies listed on the Bucharest Stock Exchange (BVB) exceeds the value from the first 6 months of last year.   The total trading value for equity transactions increased in the first quarter of the year by 105% compared to the same quarter last year and exceeded RON 5 billion (over EUR 1 billion). BVB sees 11 new listings of issues of shares and bonds in the first quarter. BET20: The BET index reaches 20 companies for the first time in its 24-year history. Romania has become more visible internationally, with 11 companies in the Emerging Market indices.   Radu Hanga, BVB President: The Romanian capital market is in a solid position after an exceptional year 2021 and continues to expand after the first quarter when 11 listings of issues of shares and bonds took place. More companies, more business sectors, more investment opportunities. Capital market financing has become the standard option for companies that want to reap the full benefits of listing. We are monitoring what is happening around us and we pay close attention to the context. The war in Ukraine is a matter of great concern in the public sphere, but risks that have lost the spotlight are still present and these risks are related to the effects of the coronavirus pandemic, supply chain disruptions, rising energy prices, rising interest rates, and high inflation. Adrian Tanase, BVB CEO: We had a very active first quarter both in terms of the number of listings of financial instruments and in terms of transactions made through the systems of the stock exchange. Also in the first quarter, we extended the BET index to 20 companies for the first time, offering an unprecedented degree of sector diversification, and Romania’s representation in the Emerging Market indices increased substantially. At the same time, it is important to calibrate our expectations. We are experiencing a period of turbulence, and investors need to be prepared for episodes of increased volatility. The recent events have shown that BVB successfully fulfilled its economic and social role under high volatility conditions.   The first quarter was characterized by the intensification of trading activity on the Bucharest Stock Exchange (BVB) amid increased volatility that encompassed international capital markets. As a consequence, the total value of transactions made in the first 3 months of this year with the shares of the companies listed on the Regulated Market of BVB exceeded the cumulative value from the first 6 months of last year. The total value of share transactions increased in the first quarter of this year by 105% compared to the same quarter last year and amounted to RON 5.03 billion, the equivalent of EUR 1.02 billion. This value is above the level of RON 4.85 billion posted in the first six months of last year on the segment of shares on the Regulated Market of BVB.   The average daily liquidity on the equity segment was RON 80 million, the equivalent of EUR 16.2 million, at the level of the first quarter. For all the types of financial instruments, the average daily liquidity in the first 3 months was RON 95.4 million, the equivalent of EUR 19.3 million, up 29% compared to the first quarter of last year. Like the international markets, the Romanian capital market was not bypassed by turbulences. At the end of March, the BET index showed a decrease of 2.7%, and a level of 12,712 points. The BET-TR index, which also includes dividends, ended the first quarter with a slight depreciation of 0.7% to a level of 22,949 points.   „The Romanian capital market is in a solid position after an exceptional year 2021 and continues to expand after the first quarter when 11 listings of issues of shares and bonds took place. More companies, more business sectors, more investment opportunities. Capital market financing has become the standard option for companies that want to reap the full benefits of listing. We are monitoring what is happening around us and we pay close attention to the context. The war in Ukraine is a matter of great concern in the public sphere, but risks that have lost the spotlight are still present and these risks are related to the effects of the coronavirus pandemic, supply chain disruptions, rising energy prices, rising interest rates, and high inflation”, said Radu Hanga, President of the Bucharest Stock Exchange.   „We had a very active first quarter both in terms of the number of listings of financial instruments and in terms of transactions made through the systems of the stock exchange. Also in the first quarter, we extended the BET index to 20 companies for the first time, offering an unprecedented degree of sector diversification, and Romania’s representation in the Emerging Market indices increased substantially. At the same time, it is important to calibrate our expectations. We are experiencing a period of turbulence, and investors need to be prepared for episodes of increased volatility. The recent events have shown that BVB successfully fulfilled its economic and social role under high volatility conditions”, said Adrian Tanase, CEO of the Bucharest Stock Exchange.   The first quarter brought to BVB a total of 11 new listings of issues of shares and bonds. In the equity segment, 7 companies came to the stock exchange: Holdingrock1, DN Agrar, ABN Systems, Dr. Fischer Dental, Grup ?erban, Bento, Brikston Construction Solutions. In the bond segment, 4 companies issued bonds: Elefant Online, Stanleybet Capital, Life is Hard, Inox.   The BET index has reached 20 companies since March 21st. This is the first time in the history of the BET index that this number has been reached. BET (Bucharest Exchange Trading index), the first index developed by BVB, was launched in September 1997 and includes the most traded companies listed on the local stock exchange. The 20 companies from the BET index are now: Aquila Part Prod Com (AQ), Alro (ALR), Banca Transilvania (TLV), BRD - Groupe Societe Generale (BRD), Bucharest Stock Exchange (BVB), Conpet (COTE), DIGI Communications (DIGI), Electrica (EL), Fondul Proprietatea (FP), MedLife (M), OMV Petrom (SNP), Nuclearelectrica (SNN), One United Properties (ONE), Purcari Wineries (WINE), Romgaz (SNG ), Sphera Franchise Group (SFG), TeraPlast (TRP), Transgaz (TGN), Transelectrica (TEL) and Transport Trade Services (TTS).   Romania has become increasingly visible internationally and has been present, since March 21st, with 11 companies in the Russell FTSE index dedicated to emerging markets. The 11 companies are: Banca Transilvania, Nuclearelectrica, OMV Petrom, TeraPlast, One United Properties, MedLife, Transport Trade Services, Purcari Wineries, Conpet, IMPACT Developer & Contractor, and Sphera Franchise Group.

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