Amonil - Slobozia Stock Up 67% In A Month

Stefania CÎocirlan

Shares in fertilizers producer Amonil - Slobozia (BSE ticker AMO) drove the Bucharest Stock Exchange (BSE) growth in the last month with a 67.55% surge in EUR-equivalent values between 17 April and 20 May, reaching 0.017 RON/share on Wednesday. Investors in the Active Dinamic Fund managed by SAI Swiss Capital Asset Management also made a nice profit, as the stock gained 20.06% in the respective interval.

The investors who used BSE indexes as a guideline for their investment decisions also made notable earnings. The EUR-denominated BET Index, reflecting the performance of the ten most liquid stocks on the Bucharest Stock Exchange, gained 13.33% in the last month, while the BET-XT Index, reflecting the performance of the 25 most liquid stocks gained 8.46%. The BET-FI Index, reflecting the performance of the five financial investment firms (SIFs), gained 4.13%.

The more conservative investors, who decided on 17 April to make a EUR-denominated deposit with the Banca Romaneasca and the Romanian International Bank, made moderate earnings of 0.54% of their initial amount over the referenced period. Those who opted for a RON-denominated deposit with the Romanian International Bank in the referenced interval secured a 2.6% profit.

Those who opted for jewellery and other gold items a month ago saw a 1.99% increase in the value of their investment at the end of the referenced period.

In turn, those who preferred "the mattress" as their savings vehicle gained 1.33% in the referenced interval as the RON became slightly stronger against the European currency.

Author"s Note

The yield of the investments analysed in this column are pinned to the European currency. The referenced yields are the best in their respective segment.