The number of transactions on the Bucharest Stock Exchange grew 69.14% in the first nine months of 2002, the Financial Supervisory Authority said in a report Thursday.
At the end of September 2020, capitalization on the regulated market reached RON134.6 billion, down 26% compared with end-2019.
Financial markets were influenced by the pandemic and the new macroeconomic context generated feverish behavior among investors and brought unprecedented challenges for political decision makers.
All Bucharest stock market indices registered declines, with corrections of more than 6% in the first nine months of 2020 compared with end-2019, before the pandemic crisis. The BET index dropped 9.7% by end-September 2020 from end-2019.
Transactions with government bonds grew in the first nine months compared with the same period in 2019, to RON1.25 billion. Equity remained the dominant financial assets traded, accounting for 77.73% of all assets traded on the stock market in the first nine months of 2020.
At the end of September, 27 intermediaries operated on the Bucharest Stock Exchange main market and 20 on the multilateral trading system.