Ooni Koda
  1. Home
  2. /
  3. Newsfeed
  4. /
  5. Bucharest Stock Exchange wins 5.28 billion RON from...

Bucharest Stock Exchange wins 5.28 billion RON from capitalization in first week of 2022

February 8, 2022

The Bucharest Stock Exchange (BVB) won 5.28 billion RON from the capitalization, 2.3 pct respectively, in the first week of 2022, and the value of the transactions with shares registered a decrease of 12 pct, compared to the previous week, according to the data published by BVB.The market capitalization reached 234.363 billion RON in the period 3 - 7 January 2022, from 229.078 billion RON recorded in the week of 27 - 31 December 2021.The transactions with shares generated a turnover of 129.897 million RON in the said week, down from 147.779 million RON in the previous week.The best trading day at BVB was Wednesday, January 5, when there was a turnover of 36.69 million RON, and the worst day, Friday, January 7, with a transaction value of 16.6 million RON. The main index of the Bucharest Stock Exchange - BET - closed the week at 13,156.95 points. Banca Transilvania's shares were the most liquid securities on the main segment of the Bucharest Stock Exchange, generating transactions of 28.694 million RON and a 1.36 pct increase in the share of the market.Teraplast securities are also in the top of transactions, with exchanges of 11.443 million RON (+9.55%), followed by Nuclearelectrica shares, with transactions of 10.050 million RON (-0.11%).The most significant increases in quotations were recorded by Carbochim shares (+47.37 pct), those of Promateris (+25 pct) and Alro securities (+13.33 pct).At the opposite pole, important drops were recorded by the shares of the Electrocontact Industrial Group, which registered a decline of 13.51 pct, followed by those of the House of Bucovina - Club de Munte (-8.67 pct) and of Rompetrol Rafinare (-6.71 pct).  

Read in full - click here
Top Reasons for Expanding your Business in Ireland

Ireland can be seen as one of the most important business hubs in Europe and the European Union, as many international companies have established regional headquarters there. If you are looking for a country to expand your enterprise, you should definitely consider Ireland for several reasons that are presented below. Location and language The first […]

Main Reasons to Establish a Company in Cyprus

Cyprus is mostly known as a tourist destination. However, there is also a business side to it, as many investors choose it to open companies because of the favorable taxation system. Apart from its low corporate tax rate, there are a few more reasons why you should choose it if you are looking for a […]

The Main Types of Companies in Romania and Their Advantages

The Romanian Commercial Code provides for various types of entities that can be created by natural persons and companies, local or foreign. Each of them has its own particularities, which can give it various advantages. How do you choose among them? We will review the main types of companies and their pros to help you […]

‘Nicolae Titulescu’ alley inaugurated in Paris park in the presence of Romanian president Nicușor Dan

A new alley named after Romanian diplomat Nicolae Titulescu was inaugurated on Tuesday, December 9, in Paris’s Parc Monceau during a ceremony attended by Romania’s president Nicușor Dan and Paris mayor Anne Hidalgo. “I expressed my appreciation for the decision to name an alley in the beautiful Parc Monceau in Paris after the great Romanian […]

Resort in central Romania opens first bungalows

Oxygen Resort, a development located in central Romania’s Harghita county, has inaugurated its first bungalows. The first 18 bungalows are already functional, with another 17 units to be completed in the next stage, bringing the total to 35. The inauguration of the bungalows “marks the transition from a center dedicated predominantly to recreational activities to […]

Romania conducts new medical evacuation mission for civilians from Gaza

Romania carried out a new medical evacuation mission for civilians from Gaza on Monday, December 8, transporting eight Palestinian patients and 29 accompanying relatives to Bucharest for treatment, according to the Department for Emergency Situations (DSU). The patients were evacuated aboard a Romanian Air Force C-130 Hercules aircraft after lacking access to adequate medical care. […]