Will the stock market react to the political pressures?
In mature countries, both economically and financially, any political movement is factored in by the stock market. In Romania, the modern stock exchange didn’t react to the political events of any kind, whether elections or government dissolution.
Not even at this point, when the crisis has escalated severely, analysts interviewed by Wall-Street don’t expect this coalition crisis to have a major influence on Romanian equity market. In fact, many brokers and analysts said they were not interested on the subject.
“Romanian stock market will not be influenced by this political dispute in any way. In terms of anti-crisis measures, we’re in the same stage as six months ago: nothing has been done”, said Rares Nilas (photo) director of BT Securities.
Not even at this point, when the crisis has escalated severely, analysts interviewed by Wall-Street don’t expect this coalition crisis to have a major influence on Romanian equity market. In fact, many brokers and analysts said they were not interested on the subject.
“Romanian stock market will not be influenced by this political dispute in any way. In terms of anti-crisis measures, we’re in the same stage as six months ago: nothing has been done”, said Rares Nilas (photo) director of BT Securities.