Chaos on first day of new SIF3 share trading on the stock exchange

The price of shares rose by up to 7 percent at the beginning of the day, although SIF Transilvania shares on the stock exchange began dropping by 10:50 a.m., for a rapid loss of some 9 percent. “Because the Central Depository could not be accessed in the first part of the session, the price increased artificially, with some investors under the impression that the shares had been suspended again,” said Gabriel Aldea, Intercapital Invest broker.