Banks dominate market cap ranking
Banks are continuing to dominate the monthly updated TOP-10 Companies ranking compiled by Estimatior-VM (EVM) based on market capitalization figures of the companies listed on the Moldova Stock Exchange, Info-Prim Neo reports, citing a press release from EVM Consulting.
The most valuable company continues to be Mobisbanca – Groupe Societe Generale, with a figure of 1.35 billion lei. The second placed is Moldovagaz with 1.066 billion lei, followed by another bank, Moldova-Agroindbank, with a result of 1.037 billion lei.
Victoriabank improved its standing by climbing two spots to the fifth place, with 544 million lei, after having a succesful month on the stock exchange. At the same time, the grain company Produse Cerealiere and Banca de Finante & Comert each slipped one spot.
The total market capitalization at the end of January was 12.659 billion lei, up by 286 million lei on the previous month, increasing the third month in a row. The combined capitalization of the top-ten companies was roughly 6.98 billion lei, accounting for 55 per cent of the total.