Trading statistics for April 2020 show an average daily turnover of EUR 8.9m (+53% YoY).
The Bucharest Stock Exchange published their trading statistics for April 2020, showing an average daily turnover of EUR 8.9m, representing a sharp increase of 53% YoY.
When observing the top traded shares, one can notice that Banca Transilvania recorded the highest turnover of RON 212.8m. Fondul Proprietatea follows with a turnover of RON 146.6m. Next come BRD with RON 115.5m and Romgaz with 86.9m.
Turning our attention to the main index of the BVB, in April, BET witnessed somewhat of a recovery, rising by 4.6% and ending the month with 7,978.64 points. As a reminder, in March, BET observed a sharp decrease of 16.4%. Such a high decrease was last time seen in December of 2018, when the index dropped by 14.8% amid governments tax proposal.
It is important to note that out of 17 BET index constituents, 8 recorded a double digit decrease, with Conpet leading the list (+19.1%). Medlife, and Alro follow, both increasing by 18.9%. On the flip side, BRD recorded the highest decrease of 3.7%.
As a result of the above entioned partial recovery, the market cap of the BVB recorded an increase of 8% MoM, amounting to EUR 26.9bn.
Share Price Performance of BET Constituents in April (%)