Quarterly Bank Taxation Fears Cause EUR1B Capitalization Drop on Bucharest Stock Exchange

01.15.2019 By Liviu Popescu

Companies listed on the Bucharest Stock Exchange lost 4.3 billion lei (almost EUR1 billion) of their capitalization, which dropped to RON139 billion on Monday, as the plummeting banking stocks pushed the main index of the market, BET to its lowest since 2016, ZF has calculated based on Bucharest Stock Exchange data.

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Keywords:
stock market
, greed tax
, bank
, capitalization
, drop