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Bucharest Stocks End Almost Flat, SIFs Rise

The Bucharest bourse's main indexes ended Friday close to previous day's levels, with the energy stocks underperforming, while the main investment funds continued their recent advance.

Bogdan Neagu · 2 februarie 2012 · 1 min de citit

The Bucharest stoxk exchange’s composite BET-C fell 0.17%, but the main index BET inched up 0.06%.

BET-FI, which tracks Fondul Proprietatea (FP.RO) and the five regional inverstment funds (SIFs), closed up 1.3%. Proprietatea rose 1.36% to a fresh six-month high, and the five SIFs posted gains between 0.8% and 1.8%.

The investment funds’ increases also lifted by 0.4% the BET-XT index, which tracks the top 25 most traded issuers.

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