The financial investment companies sector (BSE:SIF) closed down 5% after the Commission for Economic Policy, Reform and Privatization with the Deputy Chamber opposed to the raise of equity holding limit, which triggered a massive sell-off spree.
The sharp sell-off of FIC stocks paired with the buying spree at Rompetrol Rafinare have lifted the stock market liquidity to 43.38 million lei (€10.5 million), compared to 24.75 million lei yesterday (€6 million).
BET index that gauges the performance of the ten most actively traded stocks at BSE jumped 2.39% to 5,034.58 points, while the composite BET-C closed 1.03% up to 2,920.69 points.
FIC stocks plummeted after Commission for Economic Policy, Reform and Privatization with the Deputy Chamber decided to oppose to the raise of equity holding limit, BET-FI finishing 4.91% down to 27,342.78 points, while Vienna’s ROTX rose 1.65% to 10,120.43 points.
BET-XT index of the 25 most traded stocks shed 0.66% to 501.95 points, while ten energy stocks gauge BET-NG gained 4.09% to 665.63 points.
FIC Oltenia shares (BSE:SIF5) have been the most traded stocks today, with 11.9 million lei liquidity. Stock quotes plummeted 3.85% to 1.50 lei, while FIC Moldova (BSE:SIF2) fell 3.70% to 1.30 lei in a liquidity of 8.23 million lei.
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