Trading statistics for November 2020 show an average daily turnover of EUR 8.9m (+22.84% YoY).

The Bucharest Stock Exchange published their trading statistics for November 2020, showing a total equity turnover of EUR 178.04m. This translates into an average daily turnover of EUR 8.90m, representing an increase of 22.84%. When comparing MoM, this represents an increase of 39.7%.

When observing the top traded shares, one can notice that Banca Transilvania recorded the highest turnover of EUR 32.7m or 18.35% of total turnover. Teraplast follows with a turnover of EUR 23.3m of 13.1%. Next come Romgaz with EUR 22.3m and Erste Group with 15.3m. These 4 companies account for more than half of the total equity turnover in November.

Just like most European markets, Romania observed a very solid November as BET increased by 9.12%, ending the month at 9,286.11 points. Such a performance of the index marked its highest monthly increase in 2020, while the index is still down 6.93% YTD. The total return index on the other hand is down by 2.17%. The mentioned sharp increase in equities in November came mostly on the back of a positive sentiment regarding the development of the vaccine. As a reminder, in October, BET witnessed a decrease of 5.6%, marking the biggest monthly decrease of the index since March (-16.4%).

When observing the index constituents, 15 of 17 ended the month in green, while 6 observed a double-digit monthly increase. As visible from the graph below, Medlife leads the list with 24.4%. 2 banks follow – BRD (+17%) and Banca Transilvania (+16.1%). On the flip side, Digi Communications leads the losers with a 3.6% decrease.

Share Price Performance of BET Constituents in November (%)