Politics

The Bucharest Stock Exchange decreased after George Simion's victory in the first round of presidential elections

Bucharest Stock Exchange - BVB, photo: Hotnews / Florin Barbuta

Bucharest Stock Exchange – BVB, photo: Hotnews / Florin Barbuta

The stock market did not react favorably as a result of the results of the first round of the presidential elections on Sunday. George Simion won with a score of 41%, almost double compared to the independent candidate Nicușor Dan (21%). In this context, the Bucharest Stock Exchange (BVB) has decreased by 2%. All stock exchange indices have registered decreases since the beginning of the meeting on Monday.

These decreases were maintained after an hour after opening.

The representative index BET was, one hour after the opening, at -1.7%, the BET -XT composite index at -1.7%, the BET -GN energy index at -1.5%.

All the most traded 20 shares were red, one hour after opening, the highest decrease registering Electrica (3.8%), Fund Proprietatea (3.4%), MedLife (3.2%) and Digi Communications (3%).

While the Bucharest Stock Exchange is red, the markets in the region are plus.

We remind that George Simion received, in the first round, more votes than the total of his votes and Călin Georgescu from November 2024.

Ashley Davis

I’m Ashley Davis as an editor, I’m committed to upholding the highest standards of integrity and accuracy in every piece we publish. My work is driven by curiosity, a passion for truth, and a belief that journalism plays a crucial role in shaping public discourse. I strive to tell stories that not only inform but also inspire action and conversation.

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