| Latest News |
 |
On June 26th Moldova Stock Exchange celebrates its 15th Anniversary
Moldova SE FUTURE OUTLOOK
2nd Quarter Review
| Official 12 Month Statistics |
|
 |
| |
US$ Millions |
# Shares Millions |
| Total Volume |
Avg. Daily Volume |
Total Volume |
Avg. Daily Volume |
| Stocks |
| 9/2009 |
0.5560
|
0.0253
|
0.4239
|
0.0193
|
| 10/2009 |
0.5062
|
0.0241
|
1.2858
|
0.0612
|
| 11/2009 |
0.3839
|
0.0183
|
0.4876
|
0.0232
|
| 12/2009 |
0.3674
|
0.0160
|
0.9631
|
0.0419
|
| 1/2010 |
1.6320
|
0.1020
|
0.4447
|
0.0278
|
| 2/2010 |
3.1751
|
0.1512
|
1.5955
|
0.0760
|
| 3/2010 |
1.7961
|
0.0781
|
1.5915
|
0.0692
|
| 4/2010 |
0.5823
|
0.0291
|
0.6694
|
0.0335
|
| 5/2010 |
0.8939
|
0.0426
|
0.9236
|
0.0440
|
| 6/2010 |
0.7948
|
0.0361
|
0.9531
|
0.0433
|
| 7/2010 |
2.4665
|
0.1121
|
2.1720
|
0.0987
|
| 8/2010 |
3.3246
|
0.1583
|
3.4035
|
0.1621
|
| TOTAL |
16.4789
|
0.0651
|
14.9135
|
0.0589
|
| Bonds |
| 9/2009 |
0.0000
|
0.0000
|
0.0000
|
0.0000
|
| 10/2009 |
0.0000
|
0.0000
|
0.0000
|
0.0000
|
| 11/2009 |
0.0000
|
0.0000
|
0.0000
|
0.0000
|
| 12/2009 |
0.0000
|
0.0000
|
0.0000
|
0.0000
|
| 1/2010 |
0.0000
|
0.0000
|
0.0000
|
0.0000
|
| 2/2010 |
0.0000
|
0.0000
|
0.0000
|
0.0000
|
| 3/2010 |
0.0000
|
0.0000
|
0.0000
|
0.0000
|
| 4/2010 |
0.0000
|
0.0000
|
0.0000
|
0.0000
|
| 5/2010 |
0.0000
|
0.0000
|
0.0000
|
0.0000
|
| 6/2010 |
0.0000
|
0.0000
|
0.0000
|
0.0000
|
| 7/2010 |
0.0000
|
0.0000
|
0.0000
|
0.0000
|
| 8/2010 |
0.0000
|
0.0000
|
0.0000
|
0.0000
|
| TOTAL |
0.0000
|
0.0000
|
0.0000
|
0.0000
|
| Other |
| 9/2009 |
0.0000
|
0.0000
|
0.0000
|
0.0000
|
| 10/2009 |
0.0000
|
0.0000
|
0.0000
|
0.0000
|
| 11/2009 |
0.0000
|
0.0000
|
0.0000
|
0.0000
|
| 12/2009 |
0.0000
|
0.0000
|
0.0000
|
0.0000
|
| 1/2010 |
0.0000
|
0.0000
|
0.0000
|
0.0000
|
| 2/2010 |
0.0000
|
0.0000
|
0.0000
|
0.0000
|
| 3/2010 |
0.0000
|
0.0000
|
0.0000
|
0.0000
|
| 4/2010 |
0.0000
|
0.0000
|
0.0000
|
0.0000
|
| 5/2010 |
0.0000
|
0.0000
|
0.0000
|
0.0000
|
| 6/2010 |
0.0000
|
0.0000
|
0.0000
|
0.0000
|
| 7/2010 |
0.0000
|
0.0000
|
0.0000
|
0.0000
|
| 8/2010 |
0.0000
|
0.0000
|
0.0000
|
0.0000
|
| TOTAL |
0.0000
|
0.0000
|
0.0000
|
0.0000
|

| 5 Year Statistical Comparison |
|
| |
2006 |
2007 |
2008 |
2009 |
YTD 2010 |
|
Number of Companies |
1045
|
1024
|
1032
|
1019
|
1022
|
|
Market Capitalization (US$*) |
0
|
0
|
0
|
0
|
0
|
|
Total Vol.-Stocks (US$*) |
26.1505
|
101.6276
|
157.3776
|
12.8571
|
14.6653
|
|
Total Vol.-Stocks (# Shares*) |
23.1653
|
42.6988
|
50.767
|
22.8013
|
11.7532
|
|
Avg. Daily Vol.-Stocks (US$*) |
0.1034
|
0.4114
|
0.6245
|
0.0512
|
0.0883
|
|
Avg. Daily Vol.-Stocks (# Shares*) |
0.0916
|
0.1729
|
0.2015
|
0.0908
|
0.0708
|
|
Total Vol.-Bonds (US$*) |
0
|
0
|
0
|
0
|
0
|
|
Total Vol.-Bonds (# Shares*) |
0
|
0
|
0
|
0
|
0
|
|
Avg. Daily Vol.-Bonds (US$*) |
0
|
0
|
0
|
0
|
0
|
|
Avg. Daily Vol.-Bonds (# Shares*) |
0
|
0
|
0
|
0
|
0
|
|
Total Vol.-Other (US$*) |
0
|
0
|
0
|
0
|
0
|
|
Total Vol.-Other(# Shares*) |
0
|
0
|
0
|
0
|
0
|
|
Avg. Daily Vol.-Other (US$*) |
0
|
0
|
0
|
0
|
0
|
|
Avg. Daily Vol.-Other (# Shares*) |
0
|
0
|
0
|
0
|
0
|
|
Monthly Avg. Turnover Ratio |
0
|
0
|
0
|
0
|
0
|
|
Index |
0
|
0
|
0
|
0
|
0
|
|
Currency/US$ |
12.905
|
11.3192
|
10.4002
|
12.3017
|
12.1999
|
* in millions
| Practices & Procedures |
| Days |
Monday-Friday
|
| Hours |
10:00-15:00
|
| Market segmentation |
First market, second market
|
| System |
Automated, depository link, data dissemination, WAN
|
| Mechanisms |
Call auction, price fixing
|
| Market-maker/ Specialists |
No
|
| Instruments |
Stocks
|
| Currency |
Local
|
| Real time information |
min/max price, total volume
|
| Central Depository |
Yes
|
| Period |
T+3
|
| Registered |
Yes
|
| Settlement |
Book entry
|
| Clearing |
Netting
|
| DVP |
No
|
| Clearing Institution |
Yes, National Depository of Securities
|
| Risk Sharing |
No
|
| Margin/Lending |
Yes/Yes
|
| Custodians |
Banks
|
| Cash Dividends |
15%
|
| Interest Income |
N/A
|
| Capital Gains |
14% for local investors
|
| Legal |
Non-for-profit
|
| Regulation |
Self
|
| Securities market regulations |
Exchange with regulation institutions
|
| Trading rules |
Exchange
|
| Surveillance |
Yes, electronic
|
| Corporate actions |
Centralized
|
| Trading halts regulations |
Yes
|
| Investor protection |
Yes
|
| Foreign investors |
No restrictions
|
| Investment limitations |
No limitations
|
| Repatriation |
No restrictions
|
| Minimum Listing Requirements |
| |
First Market (Level 1) |
First Market (Level 2) |
Second Market |
| Minimum Paid-In Capital |
10 mil MDL |
1 mil MDL |
N/A |
| Years of Business Activity |
mimimum 3 years with financial statements |
minimum 3 years |
N/A |
| Capitalization of Issue |
10 mil MDL |
1 mil MDL |
N/A |
| Free Float |
N/A |
N/A |
N/A |
| Free Float Ratio |
N/A |
N/A |
N/A |
| Minimum # of Shareholders |
N/A |
N/A |
N/A |
| Minimum Years of Positive Financial Results |
Last 2 years |
Most recent year (last financial year) |
N/A |
| # Prior Years Audited Financial Accounts |
N/A |
N/A |
N/A |
| # Times Dividends Distributed in Last 3 Years |
N/A |
N/A |
N/A |
| Whole Class of Securities to be Issued |
N/A |
N/A |
N/A |
| Listing Agreement with Central Depository |
N/A |
N/A |
N/A |
| Prospectus |
N/A |
N/A |
N/A |
| Special Requirements |
Financial statement for the last year of business activity must be carried out in accordance with National and International Accounting Standards and confirmed by independent auditor |
Financial statement for the last year confirmed by auditor. Net assets of the joint stock company must be not less than share capital for the every of two last years of business activity |
If a joint stock company has more than 50 shareholders than its securities have to be registered at Non-Listing section. Registration at Non-Listing for the Companies that have less than 50 shareholders is not obligatory. |

|
 |

| Contact Information |
 |
 |
| Director |
Dr. Corneliu DODU, President |
|
dodu@moldse.md |
| Address |
73 Stefan cel Mare Blvd, Chisinau, 2001, MOLDOVA |
| Telephone |
+37322 277 594, +37322 277 351 |
| Fax |
+37322 277 356 |
| Contact Person |
Ms. Gaina Valeria |
|
valeria@moldse.md |
|
+37322 275 420 |
|
+37322 277 356 |
| Website |
http://www.moldse.md |
| Calendar of Holidays |
 |
| 2010 Public Holidays for Moldova |
| January |
|
| March |
|
| April |
|
| May |
|
| July |
|
| October |
|
| December |
|
| Market Capitalization & Index |
|
| |
Market Capitalization US$ Millions |
Index |
| 9/2009 |
0.0000
|
0.0000
|
| 10/2009 |
0.0000
|
0.0000
|
| 11/2009 |
0.0000
|
0.0000
|
| 12/2009 |
0.0000
|
0.0000
|
| 1/2010 |
0.0000
|
0.0000
|
| 2/2010 |
0.0000
|
0.0000
|
| 3/2010 |
0.0000
|
0.0000
|
| 4/2010 |
0.0000
|
0.0000
|
| 5/2010 |
0.0000
|
0.0000
|
| 6/2010 |
0.0000
|
0.0000
|
| 7/2010 |
0.0000
|
0.0000
|
| 8/2010 |
0.0000
|
0.0000
|
| Featured Charts |
 |
Volume (US$ Millions)
Index
|
| Related Links |
 |
|