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Bucharest Stock Exchange Sees Positive End to Monday With Key Indices Growth

Published 10/24/2023, 04:46 AM
Updated 10/24/2023, 04:46 AM
© Reuters.

The Bucharest Stock Exchange (BVB) concluded Monday on a positive note, with key indices including the main BET index, BET-Plus, BET-XT, BET-FI, BET-BK, and BET-NG all registering gains. The trading volume for the day reached 69.1 million RON (13.9 million euros), according to a report by AGERPRES(RO), edited by Andreea Marinescu, and authored by Bogdan Gabaroi.

The main BET index reached 14,039.47 points, marking a significant increase. Other indices such as BET-Plus, BET-XT, BET-FI, BET-BK, and BET-NG also experienced growths ranging from 0.27% to 1.12%. However, the AeRO market index saw a depreciation of 0.18%.

In terms of trading volume on the Regulated Market, Hidroelectrica led the way followed by OMV Petrom and Banca Transilvania. These companies' shares were among the most traded on Monday.

There were notable appreciations in shares as well. Prebet led the pack with a significant appreciation of 6.67%. Electroaparataj and SIF Hoteluri also saw substantial increases in their shares at 5.26% and 5.22% respectively.

On the other hand, shares of Electroarges, Armatura, and Impact Developer & Contractor experienced declines. Electroarges saw the most significant decrease at -4.33%, followed by Armatura at -4%, and Impact Developer & Contractor at -3.23%.

The fluctuations seen in the BVB indicate an active market with both gains and losses across different sectors. These movements serve as an indicator of the dynamic nature of the market as investors respond to various factors influencing these companies.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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