The Bucharest Stock Exchange (BVB) announced on Monday that the total trading value from the Regulated Market of BVB increased by 21.6% in the first 11 months to RON 17.4bln (€ 3.5bln).
BVB stated that in terms of the average daily trading value, the liquidity indicator rose by 20.5% to RON 75mln (€15.2mln), according to a press release.
„The upward trend of the market liquidity also spills over to the Multilateral Trading System (MTS). The total trading value soared to RON 1.4bln (+242%), while the average daily trading value climbed to RON 6.7mln (+126%)” added BVB.
The Romanian capital market is showing resilience in a context marked by uncertainties. With a growth rate of over 30%, the BET-TR index outperformed US’s S&P500 or Europe’s STOXX600.
„With an inflation rate that has accelerated this year and reached almost 8% at the end of October, it is very important for people to diversify their savings. One solution would be to turn their attention to the stock market, with stocks being an instrument of protection against inflation,” said Radu Hanga, BVB’s President.