US markets fell significantly Thursday, following bad data from the economy, and the European and Asian markets also continued their downward trend as fears of stalling growth intensify.
The Bucharest stocks mirrored the international trend, and the BET index was down 2.9% at around 10:30 local time (GMT0730)
The bourse’s composite index BET-C was losing 2.8% at around the same time, while BET-FI, the index tracking the SIFs and Fondul Proprietatea (FP.RO), was down 2.3%.
Wider blue-chip index BET-XT was down 2.8%, while the index tracking energy companies, BET-NG, was dropping 2.9%.
Trades unfolded on the Bucharest Stock Exchange by 10:33 amounted to some 5 million lei (EUR1.17 million).
Popular stock early Friday included the Proprietatea fund, the SIFs and lender Banca Transilvania (TLV.RO). (EUR1=RON4.2567)