Bucharest Stocks Open Up, SIFs Push Higher
The Bucharest bourse opened up Friday, on revigorated traded values, with investors eyeing especially the financial stocks.
At around 10:52 local time (GMT0852), the stock exchange’s composite index BET-C and main index BET were up 0.7% and 0.6% on the day respectively.
BET-FI, the index tracking the regional investment funds (SIFs) and Fondul Proprietatea (FP.RO), was gaining 1.33%, as the SIFs maintain their upward trend in the past sessions, while Proprietatea inched 0.7% higher.
The BET Extended index, or BET-XT was up 0.84% on the day, while the index tracking energy companies, BET-NG, was up 1.43%.
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