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BSE stocks end week lower

22 Mar 2010
Romanian version
BSE stocks end week lower

Stocks at the Bucharest Stock Exchange fell 1% today after seven straight winning days, led by financial investment companies that closed almost 2% down, in line with European stock markets.

Stock market’s trading value rose markedly today, to 35.44 million lei (€8.68 million), from 26 million lei (€6.37 million) yesterday. Fix-income instruments attracted 21.88 million lei (€5.35 million), after around 2,096 state securities changed hands.

BET index that gauges the performance of ten most actively traded stocks shed 0.45% to 5,898.45 points, while composite BET-C fell 0.98% to 3,394.48 points.

BET-FI gauge of financial investment companies (BSE:SIF) finished down 1.93% to 31,434.50 points, while Vienna’s ROTX dropped 1% to 11,678.57 points.

BET-XT index of 25 most traded stocks fell 1.12% to 579.10 points, while BET-NG gauge of ten energy stocks suffered 0.70% decline to 784.85 points.

European stock markets were moving lower at BSE’s closing, with the main indices trading lower to near benchmark levels from morning highs. At the London Stock Exchange, FTSE index of the leading 100 companies was increasing 0.23% to 5,656 points, while Germany’s DAX was inching 0.17% lower to 6,000 points. France’s CAC40 was posting 0.07% decline to 3,935 points.

SIF Oltenia shares (BSE:SIF5) have been the most traded stocks today, with a total trading value of 7.74 million lei, while stock prices dropped 1.69% to 1.75 lei. SIF Moldova (BSE:SIF2) plummeted 2.65% to 1.47 lei.

In the energy sector, Rompetrol Rafinare (BSE:RRC) dropped 1.07% to 0.0740 and Petrom (BSE:SNP) closed down 1.79% to 0.33 lei.


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