While in 2024 the average daily liquidity is below last year’s record high, this is rising from 2022.
“Despite a challenging economic and geopolitical context, 2023 was a favorable one from the perspective of BVB investors with the listing of Hidroelectrica. 2024 continues on a positive tone, with the successful IPO of Premier Energy, the largest of an entrepreneurial company in the past five years. This listing, together with the transfer to the main segment of the BVB of the two companies from the SMT market, namely Arobs Transilvania Software and Safetech Innovations, are a good signal for the Bucharest capital market,” stated Sorin Petre, PwC Romania partner.
The value traded on the regulated market in 2023 rose by almost 90% from the previous year, to RON24 billion.
“Hidroelectrica listing significantly boosted the chances of the local capital market of getting the emerging market status from MSCI as well. In Q1/2024, bourse capitalization on the regulated segment of BVB was 9% higher than in the same period of 2023 and the traded value was 2.6 times higher, pointing to investors’ rising appetite,” showed Raluca-Alexandra Capatina-Stoica, Senior Manager at PwC Romania.
BVB bourse capitalization to GDP stood at 19% on December 31, 2023, below the level registered by the other stock markets in the region, such as Greece, Croatia and Hungary.
(English version by Catalina Apostoiu)