Bucharest Stocks Climb To 5-Month High On Positive Sentiment
Bucharest shares advanced 2.58% Tuesday, the highest increase in the past five months, tracking international markets amid hopes that Greece is heading toward a deal with private creditors to avoid a default.
The Bucharest bourse’s BET index closed up 3%, while the BET-FI, which tracks the five regional investment funds SIFs and Fondul Proprietatea (FP.RO) gained 2.78% on the day.
Fondul Proprietatea continued a 13-day rally and closed up 3.56% at RON0.5095 a share, the highest price in the last six months.
The wider BET-XT index closed 2.72% higher on the day, while the energy tracker BET-NG advanced 2.92%.
Citește și
2 min
Ștefan Stan
1 min
Cristina Roșca
