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Andrei Chirileasa
Editor-in-Chief

Andrei studied finance at the Bucharest Academy of Economic Studies and started his journalism career in 2004 with Ziarul Financiar, the leading financial newspaper in Romania, where he worked for ten years, the last six of which as editor of the capital markets section. He joined the Romania-Insider.com team in 2014 as editor and became Editor-in-Chief in 2016. He currently oversees the daily content published on Romania-Insider.com and likes to stay up to date with everything relevant in business, politics, and life in Romania. Andrei lives with his family in the countryside in Northern Romania, where he built their own house. In his free time, he studies horticulture and tends to his family’s garden. He enjoys foraging in the woods and long walks on the hills and valleys around his village. Email him for story ideas and interviews at andrei@romania-insider.com. 

 

 

The Capital Markets News section is sponsored by the Bucharest Stock Exchange 

 

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Lucky 13,000: Bucharest Stock Exchange index hits new all-time high

The Bucharest Stock Exchange’s flagship index – BET – closed the trading session on Tuesday, December 28, above 13,000 points for the first time since its launch in September 1997.

The BET, which follows the evolution of the most traded 19 stocks on the BVB, has gained 6.9% in the last month alone and is set to close the year with one of its best performances since its launch. The index has gained almost 33% since the beginning of the year, which makes it one of Europe’s top 10 best-performing country indices in 2021, according to TradingEconomics.com data.

Three companies that are part of the BET index have seen their shares go up more than 100% in the last year: construction materials producer Teraplast (+195%), nuclear power producer Nuclearelectrica (+165%) and medical services provider Medlife (+135%).

Energy groups OMV Petrom (SNP) and Romgaz (SNG) and investment fund Fondul Proprietatea (FP) also recorded above-average performances of 35-38% in the last year.

At the opposite end, aluminum producer Alro (ALR) was the BET’s poorest performer in 2021 with a drop of almost 20%. Utility companies Transgaz, Transelectrica and Electrica also recorded double-digit losses.

editor@romania-insider.com

(Photo source: BVB)

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Profile picture for user andreich
Andrei Chirileasa
Editor-in-Chief

Andrei studied finance at the Bucharest Academy of Economic Studies and started his journalism career in 2004 with Ziarul Financiar, the leading financial newspaper in Romania, where he worked for ten years, the last six of which as editor of the capital markets section. He joined the Romania-Insider.com team in 2014 as editor and became Editor-in-Chief in 2016. He currently oversees the daily content published on Romania-Insider.com and likes to stay up to date with everything relevant in business, politics, and life in Romania. Andrei lives with his family in the countryside in Northern Romania, where he built their own house. In his free time, he studies horticulture and tends to his family’s garden. He enjoys foraging in the woods and long walks on the hills and valleys around his village. Email him for story ideas and interviews at andrei@romania-insider.com. 

 

 

The Capital Markets News section is sponsored by the Bucharest Stock Exchange 

 

BSE

 

 

Lucky 13,000: Bucharest Stock Exchange index hits new all-time high

The Bucharest Stock Exchange’s flagship index – BET – closed the trading session on Tuesday, December 28, above 13,000 points for the first time since its launch in September 1997.

The BET, which follows the evolution of the most traded 19 stocks on the BVB, has gained 6.9% in the last month alone and is set to close the year with one of its best performances since its launch. The index has gained almost 33% since the beginning of the year, which makes it one of Europe’s top 10 best-performing country indices in 2021, according to TradingEconomics.com data.

Three companies that are part of the BET index have seen their shares go up more than 100% in the last year: construction materials producer Teraplast (+195%), nuclear power producer Nuclearelectrica (+165%) and medical services provider Medlife (+135%).

Energy groups OMV Petrom (SNP) and Romgaz (SNG) and investment fund Fondul Proprietatea (FP) also recorded above-average performances of 35-38% in the last year.

At the opposite end, aluminum producer Alro (ALR) was the BET’s poorest performer in 2021 with a drop of almost 20%. Utility companies Transgaz, Transelectrica and Electrica also recorded double-digit losses.

editor@romania-insider.com

(Photo source: BVB)

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