Although the BET index rose by 2.35%, the value of trading in equities fell by almost 7% as investors favored government bonds.
Delia Niculescu
Economy
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The BVB report shows an increase in the BET index of 2.35% in June 2025, but the value traded on shares fell by almost 7%, indicating caution among investors. The Finance Ministry has attracted attention with its Fidelis program, with government securities offering attractive interest rates and safety. Higher capital gains taxes have dampened risk appetite and investors are seeking refuge in government securities. Against this backdrop, attracting capital to the equity market is becoming increasingly difficult.
Sources
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