SIF depreciation is a bad sign for the coming week

They say there are no reasons to expect an increase and news from world markets are not encouraging. Marcel Murgoci, Operations Director at Estinvest brokerage company, believes that the local stock exchange will drop, although losses will not be major.

SIF Transilvania was subject to the largest loss at the end of last week’s session, down 2.4 percent. Exchanges with SIF shares were worth €2.12 million. SIF Oltenia had the largest exchange value, of €0.54 mln.