20 Mai 2010
Ciubotaru, Tradeville: Public sector protests had an impact on stocks performance
Stocks at the Bucharest Stock Exchange edged down today, led by the financial investment companies that had a sharper reaction to today’s anti-government demonstrations as well as to the generally downward trend in the global markets.
“The protests we’ve seen today have had an impact on the performance of stocks. Nobody can make assumptions on the future trend of equities, when such protests are lodged in the country. One can not ignore the implications these demonstrations can have on the economy and on the consumption accordingly”, said Andrei Ciubotaru, head of brokerage department at Tradeville.
The total trade value at the equity market rose to 28.4 million lei (€6.76 million) while trades with B1203A and B1403A bonds generated 3.23 million lei.
BET index of the ten most actively traded stocks at BSE shed 0.32% to 5,112.14 points, while composite BET-C inched down 0.11% to 3,069.99 points.
BET-FI index of the five financial investment companies slumped 2.74% to 23,469.09 points, while Vienna’s ROTX dropped 0.54% to 10,706.25 points.
BET-XT index of the 25 most traded stocks gave up 0.85% to 486.52 points, while BET-NG gauge of ten energy stocks closed down 0.28% at 697.54 points.
SIF Oltenia shares (BSE:SIF5) have been the most traded today, with 11.23 million lei total trade value, while stock prices dropped 5.52% to 1.37 lei. SIF Transilvania (BSE:SIF3) declined 4.03% to 0.595 lei, and recorded a total trade value of .75 million lei.
In the banking sector, Banca Transilvania (BSE:TLV) closed flat at 1.57 lei, while Erste Bank (BSE:EBS) finished down 2.45% to 131.4 lei.
OMV Petrom (BSE:SNP) rose 1.37% to 0.296 lei, while Transgaz Medias (BSE:TGN) moved 1.82% lower to 220 lei.
The total trade value at the equity market rose to 28.4 million lei (€6.76 million) while trades with B1203A and B1403A bonds generated 3.23 million lei.
BET index of the ten most actively traded stocks at BSE shed 0.32% to 5,112.14 points, while composite BET-C inched down 0.11% to 3,069.99 points.
BET-FI index of the five financial investment companies slumped 2.74% to 23,469.09 points, while Vienna’s ROTX dropped 0.54% to 10,706.25 points.
BET-XT index of the 25 most traded stocks gave up 0.85% to 486.52 points, while BET-NG gauge of ten energy stocks closed down 0.28% at 697.54 points.
SIF Oltenia shares (BSE:SIF5) have been the most traded today, with 11.23 million lei total trade value, while stock prices dropped 5.52% to 1.37 lei. SIF Transilvania (BSE:SIF3) declined 4.03% to 0.595 lei, and recorded a total trade value of .75 million lei.
In the banking sector, Banca Transilvania (BSE:TLV) closed flat at 1.57 lei, while Erste Bank (BSE:EBS) finished down 2.45% to 131.4 lei.
OMV Petrom (BSE:SNP) rose 1.37% to 0.296 lei, while Transgaz Medias (BSE:TGN) moved 1.82% lower to 220 lei.