Bucharest Stock Exchange falls nearly 20 pct this yearPublish date: 29-01-2008
The negative development seen by the Bucharest Stock Exchange (BVB) since the beginning of the year - namely nearly 20 percent fall - has been influenced by the world financial circumstances and by the unfavourable signals sent by the foreign stock exchanges; however, the BVB is recording a deeper drop than the world's big bourses.
The Bucharest Stock Exchange made an impression in the past years by the yields to the investments in shares compared to the modest or moderate rises in the mature capital markets; this year, however, the BET index - which reflects the evolution of the quotations of the most liquid shares - has fallen 19.42 percent, while the depreciations are about half this value in the developed markets, according to figures supplied by brokerage firms.
Brokers argue that the BVB fall has also been prompted by the bad news from the national economy, which added to the world financial crisis.
- Insurance market stagnated in 2013 while GDP chare dropped to 1.3%
- The Romanian Leasing Market as of December 31, 2013
- Millennium Bank reports best results since its launch, helped by stronger banking income and cost cuts
- BCR cheapens First Home loans and lowers interest loans for loans in lei
- Millennium Bank's new Salary account clients receive up to 600 lei bonus and their utility bills' payment
- GarantiBank and Seamless introduce SEQR in Romania: the newest mobile payment solution
- Bancpost telecom services, now provided exclusively by Romtelecom and COSMOTE Romania
- Millennium Bank cards offer discounts in Domo stores
- BCR Supervisory Board reshuffles Management Board
- NBR decide to lower the monetary policy rate to 4.25 percent per annum
- Common appointments in Romtelecom and COSMOTE Romania
- Up to 5.5% annual interest rate for Millennium Bank's promotional three-month lei deposit
- Eurozone in recovery mode but gap between North and South still widening
- UniCredit Tiriac Bank and RBS Romania announce the successful completion of the retail clients' migration
- Millennium Bank grants First House loans in lei