MARKET MOVING NEWS
ECONOMY
-Three out of 10 Romanians feel Blue Monday as one of the most difficult days of the year, and the main causes of emotional discomfort are cold weather, excessive spending during the holiday period and accumulated fatigue, according to a study conducted by Raiffeisen Bank Romania, in collaboration with Appinio, a global market research company.
-The volume of construction works in Romania dropped, in unadjusted data, by 5% in the first 11 months of 2024 and by 3.9% when adjusted for the number of working days and seasonality, data from National Institute of Statistic (INS) showed.
FINANCE
-Garanti Group Romania, one of the most dynamic financial groups on the local market, composed of Garanti Bank, Garanti Leasing and Garanti Consumer Finance has granted a EUR5 million loan to Industrial Group Alca for the financing of Pestera Wellness & Spa project, a 5-star hotel located in Pestera-Padina resort of Bucegi mountains.
-The number of Banca Transilvania BT Pay users using the Round Up option has exceeded 300,000, which translates into a 50% increase on an annual basis, according to data provided by Banca Transilvania.
-Romania’s Finance Ministry raised RON300 million from banks on Monday (Jan. 20) issuing benchmark bonds, at an annual average yield of 7.93%.
-More than EUR2 billion under the form of non-reimbursable funds are set to be provided in Q1 2024 for investments in startups, as well as in the fields of technology, innovation and AI, green energy, agriculture, tourism and others, an analysis by consulting firm RE reveals.
COMPANIES
-Poland’s retailer Żabka, one of Europe’s largest chain of convenience stores, has officially started its expansion in Romania with the launch of the froo brand.
TODAY’S MARKET DATA
EXCHANGE RATE OF THE NATIONAL LEU CURRENCY
EUR 4.9765 | GBP 5.8800 |
USD 4.8238 | CHF 5.2821 |
BGN 2.5444 | MDL 0.2574 |
(Source: National Bank of Romania BNR)
BUCHAREST STOCK EXCHANGE (BVB) INDICES
BET -0.08% BET-TR -0.08% BET-FI -0.23% BET-NG -0.09% BET-EF -0.11% BET-XT -0.12%, BET-BK 0.16% BET AeRO -0.48% ROTX -0.08% |
CAPITAL MARKET COMMENTARY
Bucharest stocks closed lower on Monday with the benchmark BET index falling 0.08%. Sphera Franchise Group led bluechip decliners dropping 1.29%. |
BET Index Constituents
Company | Price | Change (%) |
---|---|---|
ANTIBIOTICE S.A. | 2.5800 | 0.00 |
AQUILA PART PROD COM | 1.1650 | 0.87 |
BANCA TRANSILVANIA S.A. | 27.1000 | 0.00 |
BRD – GROUPE SOCIETE GENERALE S.A. | 17.9200 | -0.44 |
C.N.T.E.E. TRANSELECTRICA | 40.5000 | 0.50 |
Digi Communications N.V. | 65.6000 | 0.00 |
FONDUL PROPRIETATEA | 0.3270 | 0.93 |
MedLife S.A. | 5.8400 | -0.34 |
OMV PETROM S.A. | 0.7245 | -0.28 |
ONE UNITED PROPERTIES | 0.4230 | 0.59 |
Premier Energy PLC | 19.7000 | -0.45 |
PURCARI WINERIES PUBLIC COMPANY LIMITED | 14.4800 | -0.69 |
S.N. NUCLEARELECTRICA S.A. | 40.6000 | 0.12 |
S.N.G.N. ROMGAZ S.A. | 5.3100 | -0.75 |
S.N.T.G.N. TRANSGAZ S.A. | 24.4500 | 0.00 |
S.P.E.E.H. HIDROELECTRICA S.A. | 123.5000 | 0.00 |
SOCIETATEA ENERGETICA ELECTRICA S.A. | 14.0000 | 1.60 |
Sphera Franchise Group | 39.7000 | -1.24 |
TERAPLAST SA | 0.4400 | 0.11 |
TTS (TRANSPORT TRADE SERVICES) | 4.6250 | 0.54 |