20 Aprilie 2010
FIC sector plunges 2.5% on Goldman Sachs fraud allegations
Stocks at the Bucharest Stock Exchange suffered severe corrections today, led by financial investment companies, after the Goldman Sachs fraud case sent shockwaves across global equity markets.
The severe decline in stock quotes triggered major sell-offs at BSE, which lifted today’s total trade value to 34.76 million lei (€8.36 million), from 13.7 million lei (€3.3 million) on Friday. Transactions with state securities totaled 69.83 million lei (€16.78 million).
BET index that gauges the performance of ten most actively traded stocks at BSE dropped 2% to 5,945.60 points, while composite BET-C gave up 1.81% and closed at 3,572.99 points.
BET-FI index of the five financial investment companies (BSE:SIF) suffered the steepest decline, of 2.51% and finished down to 31,644.24 points, while Vienna’s ROTX shed slipped 1.96% to 12,106.12 points.
BET-XT index of the 25 most traded stocks dropped 2.07% to 590.63 points, while BET-NG gauge of ten energy stocks finished down 1.55% to 820.22 points.
Financial investment companies have been the most traded today. FIC Oltenia (BSE:SIF5) attracted the 10.10 million lei while stock prices plunged 2.58% to 1.89 lei. SIF Banat-Crisana (BSE:SIF1) slumped 3.07% to 1.58 lei, while total trade value stood at 3.84 million lei at closing.
In the banking sector, BRD SocGen (BSE:BRD) closed down 1.92% to 15.30 lei, while Erste Bank suffered 2.23% correction and finished at 140 lei.
BET index that gauges the performance of ten most actively traded stocks at BSE dropped 2% to 5,945.60 points, while composite BET-C gave up 1.81% and closed at 3,572.99 points.
BET-FI index of the five financial investment companies (BSE:SIF) suffered the steepest decline, of 2.51% and finished down to 31,644.24 points, while Vienna’s ROTX shed slipped 1.96% to 12,106.12 points.
BET-XT index of the 25 most traded stocks dropped 2.07% to 590.63 points, while BET-NG gauge of ten energy stocks finished down 1.55% to 820.22 points.
Financial investment companies have been the most traded today. FIC Oltenia (BSE:SIF5) attracted the 10.10 million lei while stock prices plunged 2.58% to 1.89 lei. SIF Banat-Crisana (BSE:SIF1) slumped 3.07% to 1.58 lei, while total trade value stood at 3.84 million lei at closing.
In the banking sector, BRD SocGen (BSE:BRD) closed down 1.92% to 15.30 lei, while Erste Bank suffered 2.23% correction and finished at 140 lei.