Significance Of SIF Stake Cap Raise

12.16.2011 ZF English

The Chamber of Deputies on Thursday voted to raise the SIF (regional investment funds) stake cap from 1% to 5%, but only the few thousand investors active on the Bucharest stock market know why this is a historic decision. They were, after all, the first people to try to make money from this decision and drove SIF prices up by over 14%.

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Keywords:: SIFS; , INVESTORS; , STOCK EXCHANGE

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