Bucharest Bourse Closes Higher, Unlike European Markets
The Bucharest bourse remained in positive territory until the end of the session, though the European markets turned negative, but the traded values were low.
The Bucharest stock exchange’s composite index closed up 0.85%, at 2,726.61, while the BET index rose 0.83% to 4,542.31.
Both indexes were kept afloat by OMV Petrom (SNP.RO), which closed up 3.3%. Petrom weighs some 20% in the indexes’ structure.
BET-FI, which tracks the main investment funds closed at 21,130.84, up 0.1% on the day, as the regional investment funds (SIFs) were mixed, and Fondul Proprietatea (FP.RO) ended up 0.4%.
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