Bucharest Stocks Fall Slightly In Lackluster Trade

12.17.2013 By Bogdan Neagu

The Bucharest stock market was slightly down in early trade Tuesday, but the interest for trading was extremely reduced.

At around 10:30 local time (GMT0830), the bourse’s BET index was down a mere 0.06% from Monday closing level, while composite index BET-C was losing 0.05%.

BET-FI, which tracks the main investment funds, was up 0.22%, despite Fondul Proprietatea’s (FP.RO) 0.65% decline. However, SIF Moldova (SIF2.RO) was gaining 1.3%, while both SIF Transilvania (SIF3.RO) and SIF Muntenia (SIF4.RO) were up 0.9%.

Bucharest benchmark index BET-BK was up 0.19%, while extended blue-chip index BET-XT was up 0.13%.

The traded values were very low in early session, with share transfers barely reaching 0.4 million lei (EUR0.1 million) after 30 minutes of trading. (EUR1=RON4.4537)