“By extending the trading hours, the Bucharest Stock Exchange sends a clear message to international community that Romanian capital market took a first step to open to the world,” the market operator’s head Ludwik Sobolewski said in a statement.
“This will be followed by other projects that the stock exchange has in pipeline, as part of a move that could pave our way towards the emerging market status.”
Starting with January, the exchange will end its daily sessions at 6:00 pm (GMT 4:00) instead of 4:45 pm. The start of trading remains unchanged at 10:00 am.
The change was authorized last week by the financial watchdog ASF.