The total trading value of equities exceeded EUR 1.5 billion on Bucharest Stock Exchange (BVB) by the end of August, up by 35% as compared to the first eight months of the previous year.
Investors bought and sold shares worth EUR 180 million last month, which is 27% over the value posted in July 2017. As compared to August last year, the total trading value of equities surged by 85 percent.
The first eight months of this year also reported a higher than before average daily trading value, as this index surged past the EUR 9-million ceiling. Therefore, the average daily trading value went up by 38 percent as compared to January-August 2016.
BET, the main index of the market, which measures the evolution of the 13 most liquid companies listed on BVB, closed the first eight months with a 13.6% increase.
Top Romanian energy companies and shareholders like The “Proprietatea” Fund, Nuclearelectrica, Hidroelectrica, Romgaz or RDS&RCS are traded on BVB.
Read more about this year’s evolution of the BVB stocks on Govnet.