{"id":237488,"date":"2025-06-15T15:55:28","date_gmt":"2025-06-15T15:55:28","guid":{"rendered":"https:\/\/bm.dev.synology.me\/?p=237488"},"modified":"2025-06-15T15:55:28","modified_gmt":"2025-06-15T15:55:28","slug":"piata-de-capital-prinde-avant-desi-in-spate-se-pregatesc-cresteri-de-taxe-si-alte-masuri-cu-impact-nefavorabil-investitorilor-cum-se-explica-video","status":"publish","type":"post","link":"https:\/\/bm.dev.synology.me\/?p=237488","title":{"rendered":"Pia\u0163a de capital prinde av\u00e2nt de\u015fi \u00een spate se preg\u0103tesc cre\u015fteri de taxe \u015fi alte m\u0103suri cu impact nefavorabil investitorilor. Cum se explic\u0103 VIDEO"},"content":{"rendered":"<p>\n\u00cen primele cinci luni ale lui 2025, Bursa de Valori Bucure\u015fti (BVB) a urcat cu aproximativ 8\u202f%, condus\u0103 de o cre\u015ftere de 5\u202f% doar \u00een luna mai, dep\u0103\u015find pragul de 18.000 de puncte pentru prima oar\u0103 din septembrie 2024\u202f. Aceast\u0103 evolu\u0163ie reflect\u0103 un flux de capital interna\u0163ional orientat spre pie\u0163ele europene, dup\u0103 cum subliniaz\u0103 Claudiu Cazacu, consultant strategist \u00een cadrul platformei de investi\u0163ii XTB Rom\u00e2nia. El puncteaz\u0103 c\u0103 pe fondul incertiudinii pe care adminstra\u0163ia Trump o genereaz\u0103, investitorii \u00eencep s\u0103 se orienteze c\u0103tre pie\u0163e percepute ca fiind mai sigure \u015fi mai predictibile, cum sunt cele europene.<\/p>\n<p>\n\u201eAvem un sentiment care \u0163ine at\u00e2t de pia\u0163a local\u0103 c\u00e2t \u015fi de contextul mai larg. Anume, capitalul care se mi\u015fc\u0103 spre Europa. Dac\u0103 vorbeam acum 500 de ani de descoperirea Americii, acum vorbim de o redescoperire a Europei dinspre Statele Unite, av\u00e2nd \u00een vedere ce s-a \u00eent\u00e2mplat \u00een primele luni ale anului\u201d a spus Claudiu Cazacu, consultant strategist \u00een cadrul XTB Rom\u00e2nia, la ZF Live, emisiune realizat\u0103 cu sprijinul Orange Business.<\/p>\n<p>\nInvestitorii mari, inclusiv b\u0103nci \u015fi fonduri, se remarc\u0103 prin volume semnificative. \u00cen \u015fedin\u0163a din 10 iunie, Banca Transilvania a atras volume de tranzac\u0163ionare de circa 53 milioane lei, iar capitalizarea sa a ajuns la circa 29,3 miliarde lei. \u00cen aceea\u015fi zi, Petrom a avut un rulaj de 5,5 milioane lei, iar Hidroelectrica \u2013 2,5 milioane lei. \u00cen plus, structura pie\u0163ei este mai stabil\u0103 dec\u00e2t \u00een criza 2008\u20132009, datorit\u0103 prezen\u0163ei fondurilor de pensii \u015fi companiilor lider puternice, elemente care sprijin\u0103 percep\u0163ia pozitiv\u0103 asupra Rom\u00e2niei ca destina\u0163ie emergent\u0103, mai puncteaz\u0103 Claudiu Cazacu.<\/p>\n<p>\n\u201e\u00cen Europa exist\u0103 aceast\u0103 pia\u0163\u0103 care sper\u0103 s\u0103 fie v\u0103zut\u0103 ca o pia\u0163a emergent\u0103, pia\u0163a rom\u00e2neasc\u0103. Multiplii de evaluare din pia\u0163a noastr\u0103 nu arat\u0103 cum ar\u0103tau \u00een 2007-2008, chiar dac\u0103 avem avertismente sau situa\u0163ii de ajustare care sunt a\u015fteptate, exist\u0103 ni\u015fte lideri pe pia\u0163\u0103. Vorbim \u00een primul r\u00e2nd de o schimbare a sentimentului legat de pia\u0163a rom\u00e2neasc\u0103 \u015fi \u00een plus avem o structur\u0103 diferit\u0103 de ce a fost \u00een 2008-2009. Avem o prezen\u0163\u0103 mult mai mare a unor elemente stabilizatoare cum sunt fondurile de pensii\u201d a mai spus Claudiu Cazacu la ZF Live.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u00cen primele cinci luni ale lui 2025, Bursa de Valori Bucure\u015fti (BVB) a urcat cu aproximativ 8\u202f%, condus\u0103 de o cre\u015ftere de 5\u202f% doar \u00een luna mai, dep\u0103\u015find pragul de 18.000 de puncte pentru prima oar\u0103 din septembrie 2024\u202f. Aceast\u0103 evolu\u0163ie reflect\u0103 un flux de capital interna\u0163ional orientat spre pie\u0163ele europene, dup\u0103 cum subliniaz\u0103 Claudiu [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[511],"tags":[246,8907,7633,10898,7223,32878],"class_list":["post-237488","post","type-post","status-publish","format-standard","hentry","category-afaceri","tag-crestere","tag-impact","tag-investitori","tag-masuri","tag-piata-de-capital","tag-pregatesc"],"_links":{"self":[{"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/posts\/237488","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=237488"}],"version-history":[{"count":0,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/posts\/237488\/revisions"}],"wp:attachment":[{"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=237488"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=237488"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=237488"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}