The value traded on all markets reached RON13.91 billion in 2017, up 24% on the year, and was 28% higher than the average of the last ten years. The daily average trading value on the stock segment of the regulated market, including initial and secondary public offerings, rose 32% to RON48.02 million in 2017, from RON36.45 million in 2016, reaching the highest level in the last three years.
The value traded on all markets in the last quarter of 2017 exceeded RON3.03 billion in 2017, similar to the level recorded a year before. Initial public offerings also continued in the last quarter of 2017 through the listing of Sphera Franchise Group (25% of shares for RON285 million) and Transilvania Broker de Asigurare (25% of shares for RON9 million). In December 2017, MedLife successfully completed the share capital increase conducted through the Bucharest Stock Exchange.
The market capitalization of Romanian companies listed on the Bucharest Stock Exchange rose 20% year-on-year, to nearly EUR20 billion, in 2017. The capitalization of all companies listed on the main market of the Bucharest Stock Exchange hit a record high of over EUR35 billion.