Ooni Koda
  1. Home
  2. /
  3. Newsfeed
  4. /
  5. The total trading value with the shares listed...

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.

Read in full - click here
Number of retired Romanians with social benefits decreases in October

The total number of recipients of social benefits for retired persons was, in October 2024, 925,865 – 2,322 lower compared to the previous month, according to the data provided by the National Public Pension House (CNPP) and quoted by Economica.net. Of these, 832,693...

Kosovo's Football Federation accuses Romanian fans of "racial discrimination" at match in Bucharest

The team of Kosovo abandoned during the stoppage time in the 92nd minute of the football match against Romania in Bucharest counting for the Nations League, accusing the Romanian fans of "racism" after the later sang Serbia-related chants.  The Romanian team remained on the pitch for 74 minutes until the referee decided to put an […]

Romanian Liberals warn against Social Democrats' alleged hidden ties with nationalist AUR

One week before the first round of the presidential elections in Romania and two weeks before the parliamentary ballot, the leader of Romania's junior ruling Liberal Party (PNL) and a presidential candidate, Nicolae Ciucă, took one more chance to argue vocally that only his party can send the senior ruling Social Democratic party (PSD) and […]

Moody's affirms Romanian Banca Transilvania's rating and improves its outlook to positive

International rating agency Moody's has affirmed the ratings assigned for the first time in 2023 to Romanian financial group Banca Transilvania (BVB: TLV) and improved the outlook on the long-term deposit (Baa2) and issuer ratings (Baa3) to positive from stable. Low dependence of market funding and high profitability balances against risks posed by foreign currency […]

Romanian company dissolutions rise 7% y/y to over 30,000 in January-September

The number of dissolved companies in Romania increased by 6.9% year-on-year in the first nine months of 2024, reaching 30,094, up from 28,146 in the same period last year, according to data from the National Trade Registry Office (ONRC). Bucharest recorded the highest number of dissolutions at 6,184, marking a 5.4% y/y increase,

Rompetrol group reports USD 3.57 bln turnover in January-September

Rompetrol Rafinare, a KMG International Group (Rompetrol) member company, announced it recorded in the first nine months of 2024 a gross turnover of USD 3.57 billion and an operational result (EBITDA, an indicator that measures the company's profitability before deducting depreciation, interest, fees, and taxes) of about USD 125 million. The financial results were impacted […]