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Alin Brendea, Prime Transaction: The local stock market remains attractive for dividend investors

"The comparison factor for those who aim for dividends on the stock market is bank interest" The difference between dividend and interest is positive both for Hidroelectrica and for Romgaz, Conpet and Nuclearelectrica, according to Prime Transaction estimates

The prospects of banks listed on the BVB in 2024

Alin Brendea, Prime Transaction: "The level of interest, even if decreasing, will still ensure a good source of profit for banking companies" Adrian Codirlaşu, CFA Romania: "Compared to other countries in the European Union, our country is poorly banked, so there is a lot of room for growth" Aurelian Dochia: "I think that the dynamism of lending will decrease and non-performing loans will increase in 2024, which will affect banks' profitability" Dividend yield of 5.9% for Banca Transilvania and 7.3% for BRD, according to brokers' estimates

What do BSE brokers and analysts expect this year?

Adrian Mitroi, CFA: "We will have to adjust to lower returns than last year's substantial ones" Dragoş Mesaroş, Goldring: "Contributions to mandatory private pensions will increase, so the funds will have more money to invest" Marcel Murgoci, Estinvest: "Promotion to the MSCI emerging markets category may lead high-profile issuers to consider listing on the BVB Regulated Market" Alin Brendea, Prime Transaction: "The capping and lowering of interest rates on the money markets will be the main positive factor of the year"

Stock market year 2023 - among the best in BVB history

31.8% increase for BET and almost 40% for BET-TR Dragoş Mesaroş, Goldring: "With the listing of Hidroelectrica, it was as if we had another market" Alin Brendea, Prime Transaction: "The stock market was the only investment market that ensured certain positive real returns in 2023" BSE has become the second largest stock exchange in Eastern Europe, in terms of capitalization, but the value of transactions remains low

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