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BVB: Romanian capital market grows 55 pct in the two years of pandemic

In the two years of pandemic, the increase of the Romanian capital market expressed through the BET-TR total return index (which also includes dividends) was 55 percent, and 39 percent when expressed through the BET index, the Bucharest Stock Exchange (BVB) informs in a release.

According to data reported by the Investor Compensation Fund at the end of 2021, over 80,000 Romanians are trading on the Romanian stock market.

Stock Exchange representatives explain that the volatility that gripped the international capital markets in January continued in February, with stock indices closing the month in slightly negative territory.

"The anxiety of international investors, triggered early this year by central banks' announcements about the rise in the key interest rates and the uncertainties caused by the coronavirus pandemic, has intensified with the escalation of military tensions between Russia and Ukraine," the statement reads.

According to BVB representatives, the Romanian capital market has proven to be particularly resilient to uncertainties and has brought significant potential gains to the investors who chose to place their savings in the financial instruments listed on the Bucharest Stock Exchange.

BVB CEO Adrian Tanase said that one of the most important lessons we have learned individually and collectively from this pandemic is that the Romanian stock market has the capacity to withstand shocks.

At the end of the first two months of this year, the total trading value on the BVB Regulated Market for all types of financial instruments was 3.75 billion RON, the equivalent of 760 million euros, up 66 percent compared to the same period last year. The average daily liquidity was 93.7 million RON, or 19 million euros.