Activity on the BVB in August 2020

Trading statistics for August 2020 show an average daily turnover of EUR 7.35m (-0.5% YoY).

The Bucharest Stock Exchange published their trading statistics for August 2020, showing an average daily turnover of EUR 7.35m, representing a low decrease of 0.5% YoY.

When observing the top traded shares, one can notice that Banca Transilvania recorded the highest turnover of RON 222.3m. OMV Petrom follows with a turnover of RON 88.5m. Next come Fondul Proprietatea with RON 76.4m and BRD with 72.7m.

Turning our attention to the main index of the BVB, in August, BET witnessed a very solid increase of 7.39% ending the month with 8,997.28 points.  As of end August, BET is still down 9.8% compared to the beginning of the year.

Such an increase of BET came mostly on the back of a strong share price performance of index heavy weights OMV Petrom (+15.8%) and Banca Transilvania (+14.3%).

It is also important to note that out of 17 index constituents, 6 recorded a double digit increase as visible on the graph, while Conpet and Fondul Proprietatea lead the losers with -0.5% and 0.8%, respectively.

As a result of the above mentioned, the market cap of the BVB recorded an increase of 6.7% MoM, amounting to EUR 26.31bn.

Share Price Performance of BET Constituents in August (%)

Category : Flash News

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