Trading value at Bucharest Exchange doubles in Q1
The value of transactions performed with the shares of companies listed on the Bucharest Stock Exchange (BVB) increased by 105% in the first quarter of the year compared to the same quarter last year and exceeded RON 5 bln (over EUR 1 bln). The value exceeds the combined performance of the first two quarters of 2021.
The first quarter was characterized by the intensification of trading activity on the BVB amid increased volatility that encompassed international capital markets.
Like the international markets, the Romanian capital market was not bypassed by turbulence. At the end of March, the BET index was 2.7% down YTD and BET-TR index, which also includes dividends, ended the first quarter with a slight depreciation of 0.7%.
“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, BVB President.
(Photo source: Inquam Photos/George Calin)