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.
ZF English
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…