Bucharest Stock Exchange falls nearly 20 pct this year

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.

Rompres