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Economic

Bucharest Stocks Open Up, SIF Transilvania Deals Lift Traded Value

The Bucharest stock exchange opened up Thursday, fueled by a positive sentiment on the foreign markets, and the traded values improved, also helped by a special deal with SIF Transilvania (SIF3.RO) shares.

Bogdan Neagu · 2 februarie 2012 · 1 min de citit

At around 10:35 local time (GMT0835), the Bucharest bourse’s composite index BET-C was up 0.5% from Wednesday’s closing level, while the BET index was rising 0.6%.

BET-FI, which tracks the main investment funds, was up 1%, as the SIFs continued to outperform the general market. Fondul Proprietatea (FP.RO), on the other hand, was up a mere 0.2%.

The extended blue-chip index BET-XT was up 0.75%, while energy stocks tracker BET-NG, was up 0.6%.

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