MARKET MOVING NEWS
ECONOMY
-Romania’s trade balance posted a deficit of EUR30 billion in the first 11 months of 2024, higher by EUR4.51 billion (+17.7%) compared to January -November 2023, data from the National Institute of Statistics (INS) showed.
-Romania’s economy grew by 1.2% in unadjusted data in the third quarter of 2024, lower than 2.3% growth reported in the third quarter of 2023, according to a second set of provisional data from the INS.
-Retail sales volume (excluding the trade with motor vehicles and motorcycles) increased by 8.7% in unadjusted data and by 8.1% when adjusted for seasonality and number of working days, in the first 11 months of 2024 compared to January-November 2023, INS data showed.
-Romanian authorities issued 2,729 residential building permits in November 2024, down 13.8% compared to October 2024 and up 1.1% compared to November 2023, INS said.
FINANCE
-The Finance Ministry is launching a new session for buying Tezaur T-bills on Monday (Jan. 13) with one-, three- and five-year maturities and annual interests of 7%, 7.5% and 7.8%.
COMPANIES
-Romania’s Competition Council fined Holcim Romania S.A., Romcim S.A. and Heidelberg Materials Romania S.A. a total RON217.96 million (approximately EUR43.7 million) for price fixing.
-Romgaz, one of Romania’s most important state-owned energy companies, expands its business to supply natural gas to household and non-household consumers.
TODAY’S MARKET DATA
EXCHANGE RATE OF THE NATIONAL LEU CURRENCY
| EUR 4.9728 | GBP 5.9363 |
| USD 4.8266 | CHF 5.2812 |
| BGN 2.5425 | MDL 0.2586 |
(Source: National Bank of Romania BNR)
BUCHAREST STOCK EXCHANGE (BVB) INDICES
| BET -0.24% BET-TR -0.24% BET-FI 1.41% BET-NG 0.05% BET-EF -0.28% BET-XT -0.05%, BET-BK 0.27% BET AeRO 0.04% ROTX -0.33% |
CAPITAL MARKET COMMENTARY
| Bucharest stocks head into the weekend mixed as rest of Europe closed lower following the release of the US Labor Department’s closely watched monthly employment report. The report showed much stronger than expected job growth in the month of December, adding to recent concerns about the outlook for interest rates. |
Index Constituents – BET
| Company | Price | Var. (%) |
|---|---|---|
| ANTIBIOTICE S.A. | 2.5900 | 1.97 |
| AQUILA PART PROD COM | 1.1550 | 0.43 |
| BANCA TRANSILVANIA S.A. | 27.5000 | -0.90 |
| BRD – GROUPE SOCIETE GENERALE S.A. | 18.6000 | -1.38 |
| C.N.T.E.E. TRANSELECTRICA | 42.4500 | 2.78 |
| Digi Communications N.V. | 67.0000 | 1.21 |
| FONDUL PROPRIETATEA | 0.3230 | 0.87 |
| MedLife S.A. | 5.8400 | -0.51 |
| OMV PETROM S.A. | 0.7280 | -0.34 |
| ONE UNITED PROPERTIES | 0.4175 | -2.22 |
| Premier Energy PLC | 20.0000 | 0.25 |
| PURCARI WINERIES PUBLIC COMPANY LIMITED | 14.5200 | -0.41 |
| S.N. NUCLEARELECTRICA S.A. | 40.7500 | -0.61 |
| S.N.G.N. ROMGAZ S.A. | 5.3800 | -0.55 |
| S.N.T.G.N. TRANSGAZ S.A. | 24.2000 | 0.62 |
| S.P.E.E.H. HIDROELECTRICA S.A. | 123.5000 | 0.41 |
| SOCIETATEA ENERGETICA ELECTRICA S.A. | 13.5000 | 0.60 |
| Sphera Franchise Group | 40.2000 | -0.25 |
| TERAPLAST SA | 0.4505 | -0.77 |
| TTS (TRANSPORT TRADE SERVICES) | 4.7000 | -0.21 |
