Stock Exchange loses 2,800 investors in nine months

On the Bucharest Stock Exchange there are over 91,700 investors, 2800 fewer than at the beginning of the year, the bulk of whom have shares worth less than 15,000 euros in their portfolios, the cap for full compensation in case of losses generated by the bankruptcy of a brokerage firm.
The overall value of portfolios held by Stock Exchange investors has fallen by 94 million RON (22 million euros) in the first nine months of the year to 11.4 billion RON (2.68 billion euros), while the number of investment accounts fell by 2,790 in the first nine months, to 91,721, according to statistics supplied by the Investors Compensation Fund - the institution in charge of compensating investors in case of a broker's bankruptcy.
The overall value of these portfolios takes into consideration the value of shares registered in the accounts opened by investors with brokerage firms, banks, and investment management companies, including investors' placements in futures on the Sibiu Stock Exchange, and even shares bought on foreign markets through local brokerage firms.
The number of trading accounts on the capital market is less than half the number of investors in mutual funds. At the end of September over 210,000 individuals and corporate entities had investments in mutual funds.