Corrections continue on BSE, the SIFs fall 2% at closing bell on fears regarding Greece's economy

Sursa: NewsIn | Publicat: 28 apr 2010, 21:33

Declines continued on the Bucharest Stock Exchange (BSE) on Wednesday as well, following more fears on Greece's economy, which pulled down the SIF sector 2 percent at closing bell, while the liquidity on the bonds segment reached a record high after some deals with state securities.
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Deals with shares rose to 47.22 million lei, from 17.91 million lei in the previous session. On the bonds segment, liquidity reached 185.15 million lei.

The BET index reflecting the evolution of the ten best companies on BSE lowered 1.44 percent to 5,686.22 and the BET-C composite index assessing all listed shares minus financial companies lost 1.66 percent to 3,427.60.

The BET-FI index of the five financial companies known as SIF sank 2.02 percent to 29,436.33 and the ROTX index for trading blue-chips in Vienna reduced 1.54 percent to 11,631.64.

The BET-XT index of the 25 most liquid companies dropped 1.77 percent to 560.41 and the BET-NG index showing the evolution of the power market slipped 0.63 percent to 781.88.

Shares of SIF Oltenia (SIF5) depreciated 1.09 percent to 1.81 lei, while those of SIF Moldova (SIF2) plummeted 2.22 percent to 1.32 lei.

On the banking sector, BRD SocGen (BRD) plunged 3.95 percent to 14.60 lei and Erste Bank (EBS) tumbled 2.01 percent to 136.20 lei.
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