Theoretical and Applied Economics
No. 5 / 2010 (546)
The Liquidity of the Bucharest Stock Exchange (BSE) during the Financial Crisis
Ion STANCU
Bucharest Academy of Economic Studies
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.
Contents
The Liquidity of the Bucharest Stock Exchange (BSE) during the Financial Crisis
Causality between Prices and Wages: VECM Analysis for EU-12
Relevant Costs for Decision in an Effective Controlling System
Increasing Responsibility towards Environment
A Study of Customer Relationship Management Practices in Madhya Pradesh State Tourism Services
The Law of Entropy – the Most Economical of All Natural Laws. Current Manifestations of World Economics
Clusters - Tourism Activity Increase Competitiveness Support