The Bucharest Stock Exchange (BVB) has closed 2015 in the red, in general, considering that the BET main reference index that shows the evolution of the 10 most liquid shares recorded a minus 1.11pct annual yield, and the value of the transactions on the main segment was over 32pct lower than in 2014, according to an analysis by Puls Capital.
As the research says, 2015 is the first year after 2011 when the BET index depreciates, after an increase on average of 11.21pct per annum in the period of 2012-2014.
The only local indices that have went up in 2015 were the ROTX, an index developed together with the Vienna stock exchange, and the BET-BK, the yield landmark of the investment funds, by 6.64pct and by 2.12pct, respectively, both being aided by the evolution of the Erste titles, that have grown in 2015 by 52.33pct.
Liquidity in 2015 dropped significantly as compared to 2014, the value of the transactions on the BVB main segment totaling 8.803 billion lei, by 32.23pct lower than in 2014.
According to the Puls Capital, on first place of the most traded shares were the titles of Proprietatea Fund, with a value worth 2.030 billion lei, followed by the shares of Banca Transilvania and Romgaz, with 1.615 billion lei and 1.488 billion lei, respectively.
In 2015, out of the 75 traded companies on the main segment of the BVB, 43 have closed the year up. Of the liquid shares, very good performances were recorded by the banks. The Erste, Banca Transilvania and BRD titles have grown in 2015 by 51.16pct, 45.56pct and 38.29pct, respectively.
“At the opposite side were the shares of OMV Petrom and Romgaz, that have ended the year with losses by 28.92pct and 23.08pct, respectively. The weak evolutions of these two companies have led in drops of the Proprietatea Fund shares that have diminished by 9.60pct,” says the research.
As regards the Financial Investments Societies (SIFs), SIF Muntenia is the only one with a negative evolution of the shares’ price in 2015. In exchange, SIF Banat-Crisana with a 29.55pct yield, was a leader.
In the top of the BVB evolutions are also the shares of IAR Brasov and Teraplast, with growths by 278.29pct and 223.83pct, respectively.