Bucharest Stock Exchange Overview and Market Information

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The Bucharest Stock Exchange, also known as BVB, is the largest stock exchange in Romania. It was established in 1995.

The exchange is headquartered in Bucharest, Romania's capital city. BVB is a member of the Federation of Euro-Asian Stock Exchanges and the World Federation of Exchanges.

BVB's main market index is the BET, which tracks the performance of the 10 most liquid stocks on the exchange. The BET was launched in 1997.

The exchange offers a range of products and services, including equities, bonds, and derivatives.

The legal framework for exchange operations in Romania is quite complex, but it's based on several key laws and regulations. The Capital Market Law no. 297/2004 is the foundation of it all.

The Capital Market Law no. 297/2004 sets the stage for the regulation of the exchange. It's a comprehensive law that outlines the rules and guidelines for the exchange.

To further regulate the exchange, the CNVM (Commission for the Supervision of the Financial Services Market) issued two important regulations: CNVM Regulation no. 1/2006 on Issuers and Operations with Securities and CNVM Regulation no. 2/2006 on Regulated Markets and Alternative Trading System.

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Credit: youtube.com, CHIMCOMPLEX Borzesti team rings the Bucharest Stock Exchange / Bursa de Valori Bucuresti (BVB) bell

These regulations provide additional guidance on specific aspects of the exchange, such as issuers and securities. The CNVM Regulations are crucial for ensuring the smooth operation of the exchange.

The BVB (Bursa de Valori Bucuresti) is also governed by its own set of laws and regulations. The Constitutive Act of the Commercial Company Bursa de Valori Bucuresti S.A. and the Regulation on the Organization and Functioning of the Bursa de Valori Bucuresti provide the necessary framework for the BVB's operations.

The BVB's Rulebook for Market Operators and ATS Rulebook for System Operators further outline the rules and guidelines for the respective markets.

Here are the key laws and regulations that govern the exchange:

  • Capital Market Law no. 297/2004
  • CNVM Regulation no. 1/2006 on Issuers and Operations with Securities
  • CNVM Regulation no. 2/2006 on Regulated Markets and Alternative Trading System
  • Constitutive Act of the Commercial Company Bursa de Valori Bucuresti S.A.
  • Regulation on the Organization and Functioning of the Bursa de Valori Bucuresti
  • BVB Rulebook for Market Operators
  • ATS Rulebook for System Operators

Trading Information

The Bucharest Stock Exchange (BVB) is a hub for trading in Romania, with a list of actively traded stock ticker symbols that's updated daily. These stocks are sorted by market cap, giving you a clear view of the market's dynamics.

Credit: youtube.com, The Road to Emerging Market for Bucharest Stock Exchange (BVB)

You can find the list of stocks on the BVB in Romanian leu (RON), making it easy to stay on top of your investments. Values are updated regularly, so you can make informed decisions about your trades.

The list is a valuable resource for investors, providing a snapshot of the market at a given time.

BVB Own Shares

BVB, the Bucharest Stock Exchange, has its own shares listed on its market since 2010.

The shares have a nominal value of RON 10 per share and are fully paid. There are 7,674,198 shares in total, with a capital of 76,741,980 lei.

The free float of BVB shares is 100%, meaning all shares are available for trading.

A shareholder of a market operator, like BVB, cannot own more than 20% of the total voting rights, according to the Romanian law.

As of November 2014, Romanian legal entities held the largest group of shares, with 69.19% of the total. Foreign legal entities followed with 15.47%, while Romanian private individuals held 14.79% and foreign private individuals held 0.54%.

The European Bank for Reconstruction and Development acquired 4.99% stake in BVB in November 2014.

Opening Times

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The Bucharest Stock Exchange has specific opening times that you should be aware of. It trades daily from Monday to Friday.

The regulated market (REGS) has a pre-market session from 9:30 – 9:45 AM Eastern European Time (EET). This is a crucial time for traders to get a feel for the market before it opens.

Normal trading sessions take place from 9:45 - 17:55, giving you plenty of time to make informed decisions.

The pre-close session from 17:55 – 18:00 and trading at last session from 18:00 until 18:10 PM are also important times to note.

The Stock Exchange closes at 18:10 PM, marking the end of the trading day.

Keep in mind that the Stock Exchange does not trade on Saturdays and Sundays, as well as Romanian national holiday days declared by BVB in advance.

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Stocks

The Bucharest Stock Exchange in Romania offers a daily updated list of actively traded stock ticker symbols, sorted by market cap, with values in Romanian leu (RON).

These stocks are listed on the Bucharest Stock Exchange (BVB) and are available for trading.

BET-FI: USD

Stock Exchange Board
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The BET-FI: USD index is an important metric for traders and investors to keep an eye on. It's reported monthly by the Bucharest Stock Exchange and updated in CEIC.

The data shows that the all-time high for the BET-FI: USD index was 93,657.370 31Oct2000=1000 in Jun 2007. This is a significant milestone for the index.

The average value of the BET-FI: USD index from Oct 2000 to Oct 2018 was 18,762.400 31Oct2000=1000. This gives us a sense of the overall trend of the index.

The record low for the BET-FI: USD index was 920.580 31Oct2000=1000 in Apr 2001. This is a stark contrast to the all-time high mentioned earlier.

Here's a breakdown of the BET-FI: USD index values for 2018:

The BET-FI: USD index has been decreasing in recent months, but it's essential to keep an eye on the overall trend.

Financial Data

The Bucharest Stock Exchange offers a range of financial data through its indices. The BVB: BET-FI index, for example, was reported at 18,430.160 in 2017, a significant increase from the previous year's number.

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The BVB: BET-FI index has been updated yearly since 2000, averaging 12,381.530. It reached an all-time high of 47,115.460 in 2007 and a record low of 1,085.290 in 2000.

The index is reported by the Bucharest Stock Exchange and remains active in CEIC. The data is categorized under Global Database's Romania – Table RO.Z001: Bucharest Stock Exchange: Index.

Here are some key statistics about the BVB: BET-FI index:

The BVB: BET-FI index is not the only financial data available from the Bucharest Stock Exchange. The BVB: BET index, for example, was reported at 7,753.740 in 2017, also updated yearly since 1997.

The BVB: BET index has been averaging 4,690.570 since 1997 and reached an all-time high of 9,825.380 in 2007. The data remains active in CEIC and is reported by the Bucharest Stock Exchange.

The Bucharest Stock Exchange also offers financial data in different currencies, such as the BVB: BET-FI: EUR index, which was reported at 36,631.850 in November 2018. This index is updated monthly and has been averaging 26,325.355 since October 2000.

The Bucharest Stock Exchange has a range of financial data available, including indices in different currencies and with different frequencies.

Indices and Performance

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The Bucharest Stock Exchange offers a range of indices to track the performance of the Romanian market.

The BVB: ROTX index, which is based on the Romanian Leu, reached an all-time high of 21,705.000 in 2007.

The BVB: BET index, which is based on the Euro, is updated monthly and averages 4,334.805 from January 1999 to June 2018.

The BVB: BET-FI index, which is also based on the Euro, reached an all-time high of 58,383.800 in June 2007.

The BVB: BET-PLUS index, which is based on the Euro, is updated monthly and averages 1,063.585 from June 2014 to November 2018.

Here's a comparison of the all-time highs for the BVB: BET, BVB: BET-FI, and BVB: BET-PLUS indices:

The BVB: BET index reached a record low of 713.930 in April 1999, while the BVB: BET-FI index reached a record low of 859.580 in April 2001.

News and Updates

The Bucharest Stock Exchange has made some significant moves in recent years. In mid-May 2010, the BVB Group was given official approval by Romania's National Securities Commission to float its own shares on its own exchange.

Credit: youtube.com, VIDEO: Bucharest Stock Exchange opens in the red on all indices on Friday

This was a major step forward for the BVB Group, which had first approved of the float three months earlier. The approval marked a significant milestone in the group's history.

The BVB Group holds a majority interest in several key organizations, including the Central Depository, Bucharest Clearing House, Investors' Clearing Fund, and Institute of Corporate Governance.

The group's shares were listed on the BSX on June 8, 2010, marking a new era for the BVB Group.

Antoinette Cassin

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Antoinette Cassin is a seasoned copy editor with over a decade of experience in the field. Her expertise lies in medical and insurance-related content, particularly focusing on complex areas such as medical malpractice and liability insurance. Antoinette ensures that every piece of writing is clear, accurate, and free of legal and grammatical errors.

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