The equities’ segment dominated market transactions, with a total of RON6.19 billion (EUR1.28 billion) in the first seven months, a slight increase of 0.35%.
The average daily trading value was close to the level of EUR9 million in January-July 2020, an increase of 0.35% compared to the same period last year. The capital markets in the European Union are, for the most part, below the highs reached in the beginning of the year. The Romanian market is in the same situation and has now entered a consolidation stage, the Bucharest Stock Exchange said in a statement.
“Local investors are waiting for the end of the financial reporting season in order to have a clear picture of the evolution of listed companies, and the data for the second quarter are relevant for a better perspective on the impact of the pandemic on businesses. It is important to have confidence in Romanian companies and in their ability to manage risks and identify opportunities in the current context,” said Adrian Tanase, CEO of the Bucharest Stock Exchange.