The downward revision of Romania's rating led to €570.8 mln in losses

Only two companies posted increases from the previous closing in yesterday's session, and seven companies managed rises of between 0.136-5.45 percent by the end of the session.

Corrections also affected the Rasdaq electronic section of BVB, where on the Regular market 11 companies registered increases when the session closed. The value of Rasdaq transactions amounted to €5.09 mln.

"The stock exchange was surely affected by this negative S&P revision. A number of negative pieces of information on the Romanian economy were added thereto," said Laurentiu Floroiu, Trading Manager of EFG Eurobank Securities, provider of capital raising and brokerage services.

Bank shares were most significantly affected by BVB's corrections, as they were traded more intensely compared to the previous session. Banca Romana de Dezvoltare, Romania's second-largest lender in terms of assets, lost 2.7 percent (€141.4 mln), while shares of another major player, Banca Transilvania, dropped by 2.3 percent, considering these traded for more than €3 mln. Daca ti-a placut articolul, urmareste MONEY.ro pe FACEBOOK!