25% of stocks tripled investors' money in past two years
Stock of Dafora Mediaş drilling company (DAFR), controlled by
Gheorghe Călburean, registered the strongest increase from the lows
reached in February 2009, multiplying investors' money six times
over the past two years.
The shares of Compa Sibiu car parts producer (CMP) rank second in
yields' ranking, with a 499% advance during February 25, 2009-March
9, 2011 period, followed by the shares of Condmag Bra[ov pipe
producer (COMI) with a 435% increase and those of Broker Cluj (BRK)
and SIF Moldova (SIF2), both with advances of above 420%.
Almost half of the 69 stocks listed on the main market of the
Bucharest Stock Exchange (BSE) two years ago have posted increases
of above 100% so far and a quarter of them provided yields above
those of BET index, which has risen by 210% from the low reached in
February 25, 2009.
Investors who would have had the courage and inspiration of
investing in any of these stocks then could have doubled and even
tripled their money in a single year, given that the Bourse bullish
trend ended in April 2010, after which the market entered a period
of lateral developments and few stocks still boasted major
increases.