Marius-Alin Barbu, the interim CEO of the Bucharest Stock Exchange

Bucharest Stock Exchange, Romania (Classic Bucharest, CC BY-NC)

85 per cent of Bulgarians live in their own homes

Latvia: industrial output up 9.8 per cent y/y in the period Jan-Sept 2017

Romania

Marius-Alin Barbu became an interim CEO of the Bucharest Stock Exchange (BSE). Barbu will lead Romania’s bourse until the next CEO is chosen and accepted by the regulator. At the end of October the former CEO Ludwik Sobolewski has officially resigned.

“The selection process for the appointment of a new CEO and general manager of the Bucharest Stock Exchange has started,” the BSE wrote in its press release.

Sobolewski was the CEO of the Bucharest Stock Exchange since 2013. During his tenure, the number of companies listed has grown from 79 to 87 and their capitalization has increased from EUR22bn to EUR35bn.

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Bulgaria

According to the Eurostat 70 per cent of the European Union citizens own their homes. 30 per cent of them “have a mortgage loan”. As Novinite.com reports, in Bulgaria nearly 85 per cent of people live in their own homes.

Also, according to the statistics, 54.5 per cent of the population live in houses and 45.5 per cent – in block of flats.

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Latvia

The Latvian Central Statistical Bureau informed that in the period January-September 2017 industrial output in the country grew by 9.8 per cent y/y (calendar-adjusted data). In details, output increased:

  • by 8.4 per cent in manufacturing;
  • by 14.1 per cent in mining and quarrying;
  • by 19.2 per cent in electricity and gas supply.

As reported, the increase in the energy sector “was influenced by the growth in the volume of electricity produced in hydro power plants”. The improvement in manufacturing output was caused by “a rise in output in medium- high technology industries: manufacture of motor vehicles, trailers and semi-trailers, manufacture of machinery and equipment, manufacture of chemicals and chemical products, and manufacture of electrical equipment.”

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What’s up in indexes

BET (of Bucharest) decreased from 7,811.13 index points Thursday, November 2nd to 7,748.23 index points Friday, November 3rd. It’s down 0.52 per cent d/d and up 13.81 per cent y/y.

BUX (of Budapest) decreased from 40,150.00 index points Thursday, November 2nd to 39,762.67 index points Friday, November 3rd. It’s down 0.96 per cent d/d and up 33.11 per cent y/y.

CROBEX (of Zagreb) decreased from 1,865.24 index points Thursday, November 2nd to 1,841.12 index points Friday, November 3rd. It’s down 1.29 per cent and down 5.44 per cent y/y.

OMXR (of Riga) increased from 1,024.26 index points Thursday, November 2nd to 1,024.34 index points Friday, November 3rd. It’s up 0.01 per cent d/d and up 42.83 per cent y/y.

OMXT (of Tallinn) decreased from 1,226.17 index points Thursday, November 2nd to 1,223.43 index points Friday, November 3rd. It’s down 0.22 per cent d/d and up 19.88 per cent y/y.

OMXV (of Vilnius) decreased from 665.57 index points Thursday, November 2nd to 665.25 index points Friday, November 3rd. It’s down 0.05 per cent d/d and up 19.84 per cent y/y.

PX (of Prague) decreased from 1,066.20 index points Thursday, November 2nd to 1,051.60 index points Friday, November 3rd. It’s down 1.37 per cent d/d and up 15.60 per cent y/y.

SAX (of Bratislava) closed at 318.60 index points Friday, November 3rd. It’s the same result as Thursday’s. It’s 0 per cent change d/d and up 0.49 per cent y/y.

SOFIX (of Sofia) increased from 670.13 index points Thursday, November 2nd to 675.28 index points Friday, November 3rd. It’s up 0.77 per cent d/d and up 28.29 per cent y/y.

UX (of Kyiv) increased from 1,248.83 index points Thursday, November 2nd to 1,255.34 index points Friday, November 3rd. It’s up 0.52 per cent d/d and up 50.82 per cent y/y.

WIG20 (of Warsaw) decreased from 2,501.40 index points Thursday, November 2nd to 2,494.52 index points Friday, November 3rd. It’s down 0.28 per cent d/d and up 41.14 per cent y/y.

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