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Banca Transilvania, Romgaz and FP, the most traded securities on the stock exchange in June

Romania, second in Europe as equities turnover goes up by over 30 pc after 9 months this year

Investors have increased trading activity in Eastern Europe lured by two-digit gains reported by significant stock exchanges with over EUR 1 billion in turnover for equities, most notably from Poland and Romania, Bucharest Stock Exchange (BVB) shows in a press release.

Stock exchanges from Warsaw and Bucharest led growth in Europe as equities turnover went up by over 30 percent after the first nine months this year, according to an analysis carried out by PARKIET, a Polish daily financial newspaper dedicated to investors, based on the Federation of European Securities Exchanges (FESE) data. 

The turnover for equities increased by 35.6 percent at the end of the first nine months this year in Poland, the only Central and Eastern European (CEE) market that has been recently reclassified by FTSE Russell to Developed Market, as compared to the same period from last year.

Romania, which is a Frontier Market, followed suit and reported a growth of 31.5 percent in the turnover for equities. PARKIET data read that Poland and Romania had a growth rate that largely outpaced the evolution of other capital markets that also posted a two-digit growth such as Austria (+18.8 percent), Hungary (13.7 percent) or Switzerland (+11.4 percent). On the other side, growth has not spread across all Europe leaving the stock exchange in Prague with a 7.1 percent decline in the first three quarters.

“Other stock exchanges can envy such an increase. The only stock exchange that can keep up with the Polish Exchange is the Bucharest Stock Exchange,” reads the article in PARKIET.

Investors on BVB have traded more shares this year, bringing the total trading value of equities to over EUR 1.8 billion by the end of September 2017. It is a nearly one-third increase as compared to the first three quarters of last year when the equities turnover totaled some EUR 1.4 billion.


About Anca Bernovici