MARKET MOVING NEWS
ECONOMY
-Romania managers expect relative stability of the activity of retail trade and services, moderate decrease in the number of employees in manufacturing and construction and price growth across all the areas of economic activity, according to a survey conducted by the National Institute of Statistics (INS).
-Employers in Romania posted almost 300,000 new jobs in 2024 and around 11 million applications were registered, the 9th Review & Trends annual report conducted by online recruitment platform eJobs reveals.
-Rising inflation and tax changes that reduce purchasing power, increase Romanians’ fear for the future according to a study conducted by the platform DeLucru.ro which showed the number of those looking for a second job has risen in the last 7 days by 51.89%.
-The number of construction permits issued for residential buildings increased by 3.3%, in January-November 2024 on an annual basis, according to data published by the National Statistics Institute (INS).
FINANCE
-The public administration sector’s financial assets, expressed as a share of GDP, grew in Q3 2024 by 1.3 percentage points to 27.9% compared to the same period in 2023, data released by the National Bank of Romania (BNR) showed.
-The most pressing risk for Romania in 2025 lies in the continued deterioration of its fiscal situation amid rising global bond yields, which could significantly impact the country’s economic stability and investor confidence, according to iBanFirst.
-The top 10 brokers present at the Bucharest Stock Exchange, handled RON32.3 billion worth of deals in 2024 vs RON 46 billion in 2023, according to aggregated data by local daily Ziarul Financiar.
-Credit Europe Bank has completed the merger process with the Dutch parent company Credit Europe Bank N.V. and starting January 1 operates in Romania as a branch of the Dutch bank, under the name of Credit Europe Bank N.V. Amsterdam Sucursala Bucuresti.
TODAY’S MARKET DATA
EXCHANGE RATE OF THE NATIONAL LEU CURRENCY
| EUR 4.9736 | GBP 6.9269 |
| USD 4.8269 | CHF 5.2922 |
| BGN 2.5429 | MDL 0.2594 |
(Source: National Bank of Romania BNR)
BUCHAREST STOCK EXCHANGE (BVB) INDICES
| BET -0.15% BET-TR -0.15% BET-FI 0.01% BET-NG 0.02% BET-EF -0.11% BET-XT -0.02%, BET-BK 0.16% BET AeRO 2.00% ROTX -0.17% |
CAPITAL MARKET COMMENTARY
| Bucharest stocks traded mixed on Thursday as investors made largely cautious moves. The benchmark BET index was off 0.15%. Concern about rising inflation, reduced chances of a drop in interest rates and the prospect of trillions of dollars in extra debt sales have sent bond yields soaring around the world this week. |
BET Index Constituents
| Company | Price | Change(%) |
|---|---|---|
| ANTIBIOTICE S.A. | 2.5900 | -0.38 |
| AQUILA PART PROD COM | 1.1500 | -0.43 |
| BANCA TRANSILVANIA S.A. | 27.8000 | -0.54 |
| BRD – GROUPE SOCIETE GENERALE S.A. | 18.8600 | -0.11 |
| C.N.T.E.E. TRANSELECTRICA | 41.6500 | 4.26 |
| Digi Communications N.V. | 66.4000 | 3.75 |
| FONDUL PROPRIETATEA | 0.3230 | -0.92 |
| MedLife S.A. | 5.8700 | 0.00 |
| OMV PETROM S.A. | 0.7330 | -0.81 |
| ONE UNITED PROPERTIES | 0.4305 | 0.12 |
| Premier Energy PLC | 19.9500 | 1.79 |
| PURCARI WINERIES PUBLIC COMPANY LIMITED | 14.5800 | 0.83 |
| S.N. NUCLEARELECTRICA S.A. | 41.0000 | 0.00 |
| S.N.G.N. ROMGAZ S.A. | 5.4000 | 1.69 |
| S.N.T.G.N. TRANSGAZ S.A. | 24.1000 | 1.26 |
| S.P.E.E.H. HIDROELECTRICA S.A. | 123.8000 | 0.00 |
| SOCIETATEA ENERGETICA ELECTRICA S.A. | 13.4200 | 0.60 |
| Sphera Franchise Group | 40.3000 | -0.49 |
| TERAPLAST SA | 0.4535 | -0.44 |
| TTS (TRANSPORT TRADE SERVICES) | 4.7100 | -2.28 |
