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Foreign investor stock market placements four times higher in May

Publicat la 04.06.2008, 21:00:00

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Foreign investor stock market placements four times higher in May

After several months of decline or slight growth, stock market indexes rose up to 11 percent last month. Data on foreign investments is a good indicator regarding market trends.

Foreign investors focused on investments in small companies, such as the Amonil Slobozia fertilizer producer, and in blue chips, such as lender Banca Transilvania and the Petrom oil company, according to brokers. However, the latter are reluctant to state that the stock market is subject to an upward trend.

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