Assessment of the financial performance of companies included in the BET index of the Romanian stock market during the Covid-19 pandemic

Abstract

In this paper, we intend to assess the impact of the Covid -19 pandemic on the Romanian stock market, by analyzing the financial performances of the main companies listed on the Bucharest Stock Exchange, more precisely those included in the Bucharest Exchange Trade index. Our aim was to check how resilient the companies listed on the BSE were during these difficult times of the Covid-19 pandemic. We chose the BET index because we consider that this includes a very representative basket of companies from diverse areas, such as energy, utilities, finance and banking, communication, the food industry, the medical sector and transportation. Moreover, from this diversity, we can identify if some sectors were more resilient than others.

In this paper, we intend to assess the impact of the Covid -19 pandemic on the Romanian stock market, by analyzing the financial performances of the main companies listed on the Bucharest Stock Exchange, more precisely those included in the Bucharest Exchange Trade index. Our aim was to check how resilient the companies listed on the BSE were during these difficult times of the Covid-19 pandemic. We chose the BET index because we consider that this includes a very representative basket of companies from diverse areas, such as energy, utilities, finance and banking, communication, the food industry, the medical sector and transportation. Moreover, from this diversity, we can identify if some sectors were more resilient than others.