RASDAQ-listed companies' Q1 increase equals entire 2009's

Autor: Vlad Anastasiu 01.04.2010

The most liquid companies on RASDAQ market in the first three months of this year posted increases of as much as 100%, and the general index of the market, RASDAQ-C, advanced by almost 13% against the annual increase of just 8% registered in 2009. Brokers believe interest shifted to RASDAQ market as a result of investors' waning risk perception and the lower volatility of the main stock market. First quarter's transactions with the 50 most liquid stocks on the market, worth 160m RON (39m euros), are close to the ones registered on the same stocks during the entire last year, of around 190m RON (45.7m euros). "As a result of the declining risk perception and volatility on the main market, investors have shifted their attention to small companies listed on RASDAQ. Cheap companies, with small capitalisation and very good indicators are mainly targeted and as in terms of indicators many companies are still undervalued, I believe this trend is likely to maintain during the entire 2010," explained Gabriel Necula, deputy trading manager of Prime Transaction brokerage firm.