Bucharest Stocks Open Slightly Up, SIFs Rise Faster
The Bucharest bourse opened Tuesday with a minor increase, with the regional investment funds (SIFs) gaining further ground, extending previous day's gains.
At around 10:40 local time (GMT0840), the stock exchange’s composite index BET-C and main index BET were up 0.07% and 0.22% from Monday’s closing values.
BET-FI, the index tracking the SIFs and Fondul Proprietatea (FP.RO), was gaining 0.69% on the day. Fondul Proprietatea was flat at 0.432 lei (EUR0.1) a share, SIF Banat-Crisana (SIF1.RO) was also flat on the day, but the other four SIFs were gaining up to 1.6%.
Wider blue-chip tracker BET-XT was up 0.39% on the day, while the index tracking energy companies, BET-NG, was dipping 0.01%.
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