Bucharest Stock Exchange (BVB) continued the upward trend in July, recording in August one of the best developments in the region.
Thus, according to a press release, BET Total Return (BET-TR) registered an advance of 4.65 percent. The BET-TR index is reflecting the evolution of ten most liquid stocks listed on the BVB, included in the BET and dividends distributed to shareholders by these companies. In June, the main index of BVB – BET – went up by 4.62 percent.
Last month, the turnover in shares was RON 447.3 million (EUR 100.3 million), an increase of more than 10 percent compared to July, when the total turnover was RON 408.4 million (EUR 91.1 million). In the first eight months of the year, the total turnover in shares was RON 5.098.8 million, with 10.2 percent lower than the same period of 2015.
Average daily equity trading value was RON 20.3 million (EUR 4.5 million), compared to RON 19.4 million (EUR 4.3 million) in July. Since the beginning of the year, average daily equity trading on BVB was RON 29.9 million (EUR 6.6 million), 11.2 percent lower than in same period of the last year.
In August 2016, investors had traded fund units, bonds and structured products in total stock over RON 484.8 million (EUR 108.7 million).
The market capitalization of all companies listed on BVB was RON 140.1 billion (EUR 31.4 billion) in August 2016. Of this amount, the market capitalization of Romanian companies was RON 74.7 billion (EUR 16.7 billion), up from the previous month.
In august, the most traded five shares were: Banca Transilvania (TLV), SIF Banat-Crisana (SIF1), Romgaz (SNG), BRD – Groupe Societe Generale (BRD) and Fondul Proprietatea (FP), with a total value of more than RON 300 million.