July brought again the optimism among investors on the Bucharest Stock Exchange (BVB). BET, BVB’s main index, rose to a 7 years top level, the trading value on the equities market (without public offerings) reached the highest level of the last 12 months, and the market capitalization of all companies listed on BVB set a new all time record, of RON 154.2bn (almost EUR 35bn).
After a slight decrease in June, BET rose in July by 4.18%, one of the best monthly performance among those registered by the main indexes in the region: Hungary (+3.13%), Austria (+3.63%), Bulgaria (-2.39%) and Poland (-3.9%).
The dynamics from July 2015 took the BET index at its highest level of the past 7 years, since June 2008. BET ended July 2015 up by 7.34% compared to the level registered at the end of 2014.
BET Total Return (BET-TR) index rose by 5.89% in July, thus at the end of the month it was 12% higher than the level registered at the end of 2014. The BET-TR index reflects the performance of the top 10 most liquid companies listed on BVB, included also in BET index, as well the dividends these companies distribute to shareholders.
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