The Liquidity of the Bucharest Stock Exchange (BSE) during the Financial Crisis

Liviu Geambaşu () and Ion Stancu

Theoretical and Applied Economics, 2010, vol. 5(546), issue 5(546), 7-26

Abstract: The paper presents the evolution of BSE during the financial crisis in 2008. The investors’ preferences for blue chips shares remained unchanged, there were traded the same shares in almost the same volumes. The shares’ prices are highly positive correlated, the reduce liquidity of BSE determine the investors’ preferences for liquid shares. The crisis determined a decrease in the transactions volume and value and in the number of shares traded, with major impact over the shares’ prices, possible due to emotion reaction of investors. BSE is still attractive, having low prices and high future possibility of increasing.

Keywords: financial crisis; stock exchange evolution; stock exchange liquidity; Bucharest Stock Exchange evolution; correlation between shares. (search for similar items in EconPapers)
Date: 2010
References: Add references at CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
http://store.ectap.ro/articole/464.pdf (application/pdf)
http://www.ectap.ro/articol.php?id=464&rid=62 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:agr:journl:v:4(545):y:2010:i:5(546):p:7-26

Access Statistics for this article

Theoretical and Applied Economics is currently edited by Mircea Dinu

More articles in Theoretical and Applied Economics from Asociatia Generala a Economistilor din Romania / Editura Economica Contact information at EDIRC.
Bibliographic data for series maintained by Mircea Dinu ().