The stock market’s turnover was mostly fueled by stock trading, while the fixed-income securities segment saw a negative evolution.
Stock trading stood at RON13 billion last year, up 15.2% from RON11.27 billion in 2013, the stock market said in a report.
2014 has been the second best year in terms of turnover for the Bucharest Stock Exchange since 2007 when deals totaled RON13.8 billion.
The value of offerings –initial, secondary and others- fell 4% to RON4.06 billion, from RON4.25 billion a year before. Trades involving fixed-income securities generated RON955.7 million in 2014, down 31.5% from RON1.4 billion in 2013.
The daily average value of stock trading on the regulated market, including offers, reached some RON52 million last year, nearly 16% above the average in 2013.
End-2014, the market capitalization stood at nearly RON130 billion, of which RON82.426 billion represented the market capitalization of Romanian companies listed on the bourse.
End-2013, the market capitalization reached RON133.83 billion, while the capitalization of Romanian companies stood at RON79.6 billion.