Romania was officially included in the Watchlist of countries that show a substantial potential to be an emerging market, according to the FTSE Russell decision, published on Thursday, the Bucharest Stock Exchange (BVB) informs.
“Romania’s capital market was included on the list of the countries that have a substantial potential to get to emerging market statute in a short or medium time. It’s the effect of the immense progress made for reforming the market’s infrastructure, according to the objectives established in the barriers elimination process that prevented the development of the capital market, as well as in the BVB business strategy,” stock exchange representatives mentioned.
According to the BVB, the promotion to the upper category will be achieved by meeting the liquidities conditions of the overall market, as well as by the presence in the market of the large companies with significant individual trading values. More…