Bucharest Stock Exchange keeps on growing steadily in the first nine months as the total return index BET-TR grows by 17 percent.
Lucian Anghel, BVB President: BET-TR should be the first index investors should watch in order to evaluate the yield of the main listed companies as the dividend component is significant.
Shares’ value from the main index BET goes up by 8.5%, the second largest growth pace among the main indices of the stock exchanges from the European Union.
Adrian Tanase, BVB CEO: The Bucharest Stock Exchange achieved a double performance in the first nine months. Thus, in addition to the good developments in relation to the other capital markets in the European Union, we also recorded an improvement in the ratings given by the main international index providers during this period
Bucharest Stock Exchange (BVB) has marched on a steady pace to growth, and surges by 17.5 percent at the end of the first nine months for the total return index BET-TR, which also includes the dividends paid by the companies from the main index of the Romanian capital market. BET-TR reached record high values last month and recorded the largest values since its launch in 2014.
“BET-TR should be the first index investors should watch in order to evaluate the yield of the main listed companies as the dividend component is significant, considering the Romanian capital market is renowned for having among the highest dividend yields in the world,” stated Lucian Anghel, President of the Board of Governors of BVB.
BET, the main index of the Bucharest Stock Exchange including the most traded 15 companies excepting the Financial Investment Companies (SIFs), went up by 8.5% in the January-September period, and had the second largest growth pace among the main indices of the stock exchanges from the European Union. Only 10 main indices within the EU capital markets managed to stay in the black at the end of the first nine months this year.