The market’s reference BET index, which tracks the most liquid shares, grew 29% end-2020 compared with end-March 2020, at the onset of the pandemic.
Despite the overall deteriorated macroeconomic environment, liquidity on the local capital market grew both in terms of value and number of transactions in 2020.
The number of transactions on the Bucharest Stock Exchange grew 71% in 2020 compared with 2019, the Financial Supervisory Authority report showed.
Transactions with government bonds grew in 2020 compared with 2019, to RON2.68 billion. Equity remained the dominant financial assets traded, accounting for 67.14% of all assets traded on the stock market in 2020.
At the end of 2020, capitalization on the regulated market reached RON154.37 billion, down 15% compared with end-2019. Capitalization dropped considerably in March 2020 on pandemic-stirred uncertainty, with a low point of RON113.85 billion touched on March 18.
At the end of 2020, 27 intermediaries operated on the Bucharest Stock Exchange main market and 20 on the multilateral trading system.