Bucharest Stocks Open Down, Eyes On SIFs
The Bucharest bourse opened Wednesday with a downward trend, while the bulk of investment was focusing on the five regional investment funds, or SIFs.
At around 10:46 local time (GMT0846), the stock exchange’s composite index BET-C was down 0.55% on the day, while the main index BET was dropping 0.86%.
BET-FI, the index tracking the SIFs and investment Fondul Proprietatea (FP.RO), was down 1.13% on the day.
Wider blue-chip tracker BET-XT was down 0.9%, while the index tracking energy companies, BET-NG, was falling 0.64% on the day.
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