The Bucharest Stock Exchange (BVB) has moved in line with most markets in the region in November, BET, Bucharest Stock Exchange’s main index, decreasing by 2.6%, said BVB in a statement.
BET Total Return (BET-TR) ended November by 3.3% over the level registered at the end of the last year. The BET-TR index reflects the performance of the top 10 most liquid companies listed on BVB, included also in BET index, as well the dividends these companies distribute to shareholders.
The movements of the prices continued to allure the investors to trade, thus the value of trades with shares rose by more than 9%, to RON 737.5mn (EUR 166mn). The turnover with shares is, also, by 32% over the level registered in November 2014.
The average daily turnover was RON 36.9mn (EUR 8.3mn) in November 2015, 20% higher than October 2015.
In November 2015, investors traded shares, bonds, fund units and structured products for RON 1.03bn (EUR 231.9mn), 51% higher compared to the same month of the last year.
The market capitalization of all companies listed on the Bucharest Stock Exchange remained almost unchanged, to RON 144bn (EUR 32.5bn) in November 2015. Out of this amount, the market capitalization of the Romanian companies was RON 77.2bn (EUR 17.3bn), 2.4% below the level registered at the end of October.
Market news
Bucharest Stock Exchange organized, on November 14, 2015, the 3rd edition of the Individual Investors Forum, after the two editions of the Forum held in Neptun and Cluj-Napoca. For the first time, the format of the Forum was designed to attract the participation of those who are just beginning their investment experience, as well as the already experienced investors, by creating two parallel and specific sections to each category. More than 200 persons interested in investments and managing their personal finances participated at the presentations, interactive sessions and workshops organized. The first part of the event included interactive simulation, debates and presentations on identifying the needs and objects of the participants and explain the investment options available today. The second part of the event was structured in two different sessions: for beginners and advanced. Thus, the growing number of participants to Individual Investors Forums, first Investors Clubs being set up in Romania, the success of Banii Tai Financial Expo and of the Fluent in Finance school prove that the deep transformation of the Romanian capital market towards modernization is progressing. The events partners were: Banca Transilvania (TLV), BT Securities, Erste Asset Management, Deloitte si Transelectrica (TEL).
After only a couple of days, BVB announced the launching of ‘Fluent in Finance 2.0’ programme, as the extension of the original ‘Fluent in Finance’, with a number of education seminars offered to private individuals. ‘Fluent in Finance’ was launched on July 15th with the aim to support personal and professional development of the employees of Romania-based companies as well as increase their awareness about managing own finances. With ‘Fluent in Finance 2.0’ for individuals, BVB aims to bring financial and capital markets education to those willing to learn more about stock exchange and investing, fully individually. The first four seminars will take place in Bucharest, Brasov, Cluj-Napoca and Timisoara between December 2015 and January 2016. Further cities where the seminars will take place will be announced in January 2016. Alpha Finance, BT Securities, Estinvest and Intercapital Invest are the Brokers - Partners to the project. The original structure of the seminars that has been so far delivered for the companies’ employees will be enriched by an additional, 1 hour presentation of Eusebiu Burcas, financial coach and founder of ‘Burcash’. Persons interested in participating in ‘Fluent in Finance 2.0’ can register for the seminars at the project website: http://fluentinfinance.bvb.ro. Since the launch of the project on July 15th, 2015, BVB has managed to reach out to over 20 companies, exceeding the target set out at the beginning of the programme.
The number intermediaries offering their clients access to the online trading platform Arena XT grew at 10 in November, after the Romanian brokerage house Confident Invest decided to offer its clients the web and mobile versions of Arena XT. The trading platform is developed by the Bucharest Stock Exchange. Through this platform, investors can trade financial instruments listed at BVB on all devices, starting from Windows PC application, going to web application and ending with iOS/Android smartphones dedicated software. Arena XT, web and mobile, through the BVB Trading app available free of charge in Google Play and App Store, offer access to clients to trading, real-time market data (market depth, indices, tickers), all kind of reports (trading, portfolio, activity), as well as web graphics.
On November 23, Bucharest Stock Exchange celebrated 20 years from the first trading session of its modern history. The event was attended by former BVB Chairmen and CEOs, Board members, as well as representatives of the Financial Supervisory Authority and of the Participants.
The Bucharest Stock Exchange announced on November 25 it will join the project Leadership and entrepreneurial Club of Romanians everywhere (CLARO Club), targeted to creating an entrepreneurial community of Romanians in diaspora. CLARO Club was founded by Eusebiu Burcas (financial and business coach), Andy Szekely (personal development and leadership coach) and Cristian Onetiu (entrepreneur). The project initiators together with the Bucharest Stock Exchange believe that the development of entrepreneurial and financial skills of Romanian emigrants respond to the strategic need to strengthen the Romanian community abroad and to grow and consolidate the business environment in Romania. The project seeks to develop skills and attract Romanian entrepreneurs to their country for optimal exploitation of business opportunities in Romania.
