Bucharest Stocks Down In Early Trade, In Line With Foreign Markets
The Bucharest-listed stocks were down in early trade Monday, in line with the international trend, after strong gains in the past week when the local market seemed decoupled from the foreign exchanges.
At around 11:10 local time (GMT0910), the Bucharest bourse’s composite index BET-C was down 1.4% from Friday’s closing level, while the BET index was falling 1.6%.
BET-FI, which tracks the main investment funds, was losing 1.2%, as Fondul Proprietatea (FP.RO) was down just 0.1%, while the regional investment funds (SIFs) were losing in line with the general market trend.
The extended blue-chip index BET-XT was down 1.5%, while energy stocks tracker BET-NG was falling 1.4%.
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