October was also a record breaker in terms of decline of quotations - more than 30 percent for top-listed companies and a staggering 56 percent for the financial investment companies (SIF). BVB was even closed three times, after indexes plunged as much as 15 percent in one day.
Acquisitions by foreign investors were close to zero, leading them to withdraw a net €22.2 million. A 2008 record total 141 foreign investors were sellers on BVB. Meanwhile, the value of net acquisitions by Romanian investors rose to €20.3 million, 3.7 times higher than in September, and the highest level in 2008.
Top traded shares were those of Erste Bank Group. Both local and foreign investors acquired €4.8 million worth of Erste stock, 75.6 percent higher than in September, and sold the Austrian bank’s shares worth €2.8 million, 57 percent less month-on-month.
