Bucharest Stocks Fall, European Worries Weigh In
The Bucharest bourse closed down Monday, following the European markets' trend, as investors across the globe ponder news about euro-zone debt crisis.
European stocks were mostly lower, as the lack of a deal on restructuring Greece’s debt made investors nervous. Wall Street also opened in red, with the Dow Jones Industrial Average losing around 0.8%.
The Bucharest bourse’s BET index closed down 0.5% from Friday’s closing level, while the composite index BET-C shed 0.8% of its value.
BET-FI fell 0.7%, as Fondul Proprietatea’s minor increase could not offset the SIFs’ (regional investment funds) fall.
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1 min
Cristina Roșca