Trading statistics for October 2020 show an average daily turnover of EUR 6.37m (-8.5% YoY).

The Bucharest Stock Exchange published their trading statistics for October 2020, showing a total equity turnover of EUR 140.12m. This translates into an average daily turnover of EUR 6.37m, representing a decrease of 8.5%. When comparing MoM, this represents a decrease of 74.8%. As a reminder, in October, for the first time in history, the Romanian capital market is included in the Emerging Markets indices, according to the classification of the global index provider FTSE Russell. The aforementioned led to a sharp increase in average daily turnover.

When observing the top traded shares, one can notice that Banca Transilvania recorded the highest turnover of RON 191.66m. Fondul Proprietatea follows with a turnover of RON 81.6m. Next come OMV Petrom with RON 69.96m and Romgaz with 68.4m. These 4 companies account for roughly 60% of the total equity turnover in October.

Turning our attention to the main index of the BVB, in October, BET witnessed a decrease of 5.6% (ending the month with 8,510.37 points), marking the biggest monthly decrease of the index since March (-16.4%). Such a performance was in line with most major European indices, as negative sentiment with regards to Covid-19 increased, while many European countries imposed stricter measures in efforts to prevent the virus from further spreading. As of end October, BET is still down 14.7% compared to the beginning of the year.

When observing the index constituents, 9 of 17 ended the month in red, with two banks – BRD (-12.5%) and Banca Transilvania (-12.1%) leading the losers. On the flip side, Digi and Teraplast led the gainers with +8% and +4.5%, respectively.

Share Price Performance of BET Constituents in October (%)