100 stocks make up 94% of RASDAQ market traded volume
On the RASDAQ market, there are currently around 1,340 listed
companies, but 94% of the market transactions involved 100 stocks
in the first ten months of the year.
The overall value of RASDAQ transactions was 565 million RON
between January and October, with the trading volume of the top 100
most liquid companies amounting to 532 million RON. Out of the 100
top companies, less than half were involved in at least one
transaction per day on average, with the rest being traded only
occasionally.
Many companies made it into the ranking thanks to a single
transaction, which led to significant shareholding changes. They
include almost unknown companies such as Concordia A4 (COLI) and
Toneli Nutrition Titu (COTU), which were the target of major
transactions this year.
These transactions show that the RASDAQ market has a stock of as
yet undiscovered companies, but which could at one point be the
target of major transactions, and which the Stock Exchange risks
losing unless it clarifies the status of this market soon.
On the other hand, investors' interest in the RASDAQ market has
faded significantly in the last two years, with the market going
from transactions of over 1 billion euros in 2007 to 135 million
euros in the first ten months of this year.