Romanian stocks drop pulled down by 2.11% fall of financial companies

Stocks listed at the Bucharest Stock Exchange (BSE) started to fall again at rising bell after the five financial companies lost about 2.11 percent.

Liquidity increased slightly to 3.03 million lei after 2.95 million lei yesterday morning.

The BET index of the ten best companies on BSE fell 1.21 percent to 5,761.51 and the BET-C composite index measuring all listed shares minus investment funds slipped 1.05 percent to 4,279.90.

The BET-FI index of the five financial companies known as SIFs dropped 2.11 percent to 35,573.37 and the ROTX index for trading blue chips in Vienna dipped 1.88 percent to 13,547.10.

The BET-XT index of the 25 most liquid companies on the market decreased 1.61 percent to 615.46 and the BET-NG index reflecting the evolution of the ten power companies dropped 0.53 percent to 777.28.

Stock exchanges in the U.S. slipped on closing with the Dow Jones (DJIA) composite index losing 0.25 percent to 11.467 and the S&P 500 index measuring the best 500 companies in the U.S. was stagnate at 1,260. Nasdaq slipped 0.14 percent to 2,279.

SIF Moldova (SIF2) was the most liquid stock this morning with trading of 917,331 lei. The stock fell 1.21 percent to 1.63 lei. SIF Oltenia (SIF5) cheapened 3.13 percent to 2.17 lei.

SIF Transilvania (SIF3) slipped 1 percent to 0.99 lei and SIF Banat-Crisana (SIF1) decreased 3.03 percent to 1.60 lei.

Gas operator Transgaz Medias (TGN) added 1.45 percent to 195.80 lei.

The second largest publicly traded lender Banca Transilvania (TLV) lost 1.32 percent to 0.2980 lei.

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