Bucharest Stock Exchange has lost its glamour

The Bucharest Stock Exchange (BSE) has missed out on the recent revival of international markets, coming to struggle at the middle of the ranking in terms of the trend of its main index since the start of the year, according to the data provided by Britain’s Bespoke Investment Group consultancy.
In recent years, the BSE has become visible internationally owing to the very fact that it constantly ranked among the world’s top markets in terms of development, either growth (between 2007 and 2009), or declines (in 2008), with the broad fluctuations making it an interesting target for speculators. After the first quarter of this year, the BSE ranked third in the world, with a 30% increase.
Over the past months, though, it has grown out of synch with Western markets and has almost completely lost investors’ interest because of the uncertain domestic economic and political situation.
The BSE has gone down another nine positions against the previous ranking drawn up in early September (from 25 to 34), as the BET index has hardly added 2% over this period, registering an 11.4% increase since the beginning of the year.