Romania's promotion to emerging secondary market will attract new investments
Publicat:Romania's reclassification by global index provider FTSE Russell from frontier market to emerging secondary market will bring new investments to the Bucharest Stock Exchange (BVB), consider Wood & Co analysts cited in a BVB statement.
The two Romanian companies that will be included in the FTSE Russell indices, specifically Banca Transilvania and Nuclearelectrica, will attract 59 million dollars in cumulative investments as a result of the promotion of the Romanian capital market to a new status.
"These investments will come from passive exchange-traded funds (ETFs) that follow…
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