BET, the index of the 10 most-liquid shares on BVB, gained 28.7 percent in the past four weeks, and was equaled on the list of top European increases only by SOFIX, the main index of the Bulgarian capital market.
As of tomorrow, companies listed on the local stock exchange will begin presenting financial results registered in the first quarter, and brokers expect the growth pace to slow in the coming weeks.
Banks registered far more moderate appreciations in April, compared to the SIFs, considering that the shares of BRD-SocGen and Erste Bank rose 9.7 percent and 5.2 percent, respectively. Banca Transilvania shares had the best evolution in this sector, with a 17.2 percent rise. The lender was also one of the first listed companies which presented its Q1 financial results, with a profit slightly above RON 1 million, because of the high provisions set by the bank.
