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- The indicators reflecting the trading value at BVB improved in May 2014, compared to the same month of 2013 and also in terms of YTD.
- The total monthly traded value for the regulated market, public offers included, increased 75.42% YOY, while the 5 months figures are 25.83% up compared to the similar period of 2013. The May traded value is also higher that the April one, by 106.58%.
- The highest growth was registered by equities sector. Equities turnover had a 32.95% YOY increase, without public offers, and 6.6% YOY increase, with public offers included. The 5 months indicators are 34.41 % up YOY. The daily average value figures are the same growth order as the turnover ones.
- Public offers sector during May 2014 was dominated by two issues of corporate bonds.
- The main index of Bucharest Stock Exchange, BET, reflecting the price movement of the top 10 blue chip listed companies, registered a growth of 4.64% during May and 3.52% YTD.
- “The stock market shows signs of its energy and implications of the market reform we are conducting. As the data released by the Bucharest Stock Exchange in the May monthly report, the value of the turnover in equities for the period January-May was by more than one third higher than in the same period of previous year (by 15 % if to add public offers). It obviously means that the daily average turnover has been significantly great than during the 5 months of last year. All this progress was registered despite the context of the Ukrainian crisis, which was a negative factor for risk adverse investors, and at indexes not showing a rally. The continuation of the market reform, coupled with the structural and regulatory reform known as removal of the barriers, will strengthen these positive changes. We also expect that the upcoming IPO of Electrica will add up huge amounts of energy for the whole Romanian capital market, in its strive to be an efficient marketplace for all top Romanian companies." said Ludwik Sobolewski, BVB CEO.
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