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Analiza ZF · Economic

Bucharest Stocks Start Week Higher With SIFs In The Lead

The Bucharest bourse opened up Monday, following the positive evolution of the international markets, as investors hope European leaders will take this week new steps for easing the debt crisis.

de Bogdan Neagu , Senior Editor 05.12.2011 · 10:48 1 min de citit

At around 10:32 local time (GMT0832), the BET index was up 0.8% from Friday’s closing level, while the bourse’s composite index BET-C advanced 0.65%.

The five regional investment funds (SIFs) were gaining even more, and the BET-FI index was up 1.5%, held back by Fondul Proprietatea (FP.RO), which was trading just 0.3% higher.

The extended blue-chip index BET-XT was up 1.1%, while energy stocks tracker BET-NG was gaining 0.45%.

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