The Bucharest Stock Exchange (BVB) is exploring options for creating a Stock Exchange in Chisinau, together with the Moldovan state and other partners from the Republic of Moldova, the Romanian bourse announced on Tuesday (Dec. 10). The vast experience that the BVB has accumulated during its 30 years of existence will allow it to use its knowledge to lay the foundations of
READ MORE
The shares of two new companies listed on the Bucharest Stock Exchange (BVB), namely Turbomecanica (TBM) and Prebet Aiud (PREB), will be included in the MSCI Frontier IMI and MSCI Romania IMI indices, that include Small Cap, Mid Cap and Large Cap companies, the BVB announced on Friday (Nov. 8). They will be joined also by TeraPlast (TRP), a company that is
READ MORE
Egypt plan to withdraw the capital gains tax on stock market transactions, Asharq Business, an Arabic financial portal, reported, citing Minister of Investment and Foreign Trade Hassan El-Khatib. The decision is expected within three weeks according to the government official. The capital gains tax incurred from trading EGX-listed financial securities has been cancelled or postponed five times due to challenges in implementation
READ MORE
Romania will be represented in the the FTSE Global All Cap indices with 9 companies starting next month after the shares of Transport Trade Services (TTS) are included in the Small Cap category. On Friday, 23 August, global index provider FTSE Russell made public the announcement of their semi-annual review indicative results that will become effective as of 23 September 2024. According
READ MORE
The offer of state-backed Romanian power producer Hidroelectrica (H2O) which was held at the Bucharest Stock Exchange (BVB) between June 23 and July 4, 2023, ended successfully and became the largest initial public offering (IPO) ever made on the Romanian stock market. Hidrolectrica’s IPO which had been under discussion for over a decade, attracted a total of RON 9.28 billion (about EUR
READ MORE
Almost two years after the Warsaw Stock Exchange (GPW) Management Board signed an agreement with the Central Bank of Armenia (CBoA) to negotiate the acquisition of a majority stake representing 65% of the shares in the Armenia Securities Exchange (AMX), the deal was finally inked. On 28 June 2022, during a ceremony in Yerevan, Marek Dietl, President of the Management Board of the GPW, signed
READ MORE
