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Wall-Street » BET-FI index jumps 3%

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BET-FI index jumps 3%

17 Mar 2010
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BET-FI index jumps 3%

Investors at the Bucharest Stock Exchange continued to push stock prices higher today, especially financial investment companies (BSE:SIF) that jumped 3.32% as the market closed 0.53% up, while trading value rose markedly.

The liquidity at the Bucharest Stock Exchange rose to 46.11 million lei (€11.27 million), from 27.72 million lei (€6.77 million yesterday). Trading value in the bond market totaled 15.92 million lei (€3.89 million).

BET index that gauges the performance of ten most actively traded stocks at BSE rose 0.80% to 5,771.68 points, while composite BET-C gained 0.53% to 3,331.66 points.

BET-FI index of the five financial investment companies finished up 3.32% to 31,387.18 points, while Vienna’s ROTX increased by 0.97% to 11,516.69 points.

BET-XT index of the 25 most traded stocks jumped 1.50% to 571.55 points, while BET-NG of ten energy companies shed 0.40% to 768.02 points.

The European stock markets were posting modest gains at BSE’s closing, led by banking shares. At the London Stock Exchange, FTSE index of the leading 100 companies was increasing by 0.28% to 5,609.49 points, while Germany’s DAX was moving 0.61% higher to 5,939.55 points. France’s CAC40 was advancing 0.81% up to 3,922.40 points.

FIC Oltenia shares (BSE:SIF5) have been the most traded stocks today, with a total trading value of 8.25 million lei, while stock prices moved up 4.22% to 1.73 lei. FIC Moldova shares (BSE:SIF2) rose 2.78% to 1.48 lei and recorded a total trading value of 3.93 million lei.

Investors’ buying spree has also lifted BRD SocGen’s quotes up 3.38% to 15.30 lei, and posted a total trading value of 6.32 million lei at closing.

Petrom (BSE:SNP) suffered 0.32% decline to 0.3160 lei, after yesterday’s rally. In the energy sector, Transgaz (BSE:TGN) shed 0.74% to 229 lei, while trading value totaled 4.77 million lei.

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