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Article: Romania's stock market slides 10 pct in 2 days
- Article from:
- Xinhua News Agency
- Article date:
- July 17, 2008
CopyrightCopyright 2008 Xinhua News Agency. Provided by ProQuest LLC. (Hide copyright information)
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Romania's stock market slides 10 pct in 2 days
BUCHAREST, July 17 (Xinhua) -- The Bucharest Stock Exchange (BVB)
has lost some 10 percent of its capitalization over the past two
days, with the best trading stocks falling to their lowest levels in
two and a half years, local daily Ziarul financiar said Thursday.
The BVB continued on a loss of 4 percent on Wednesday, which
added to a previous 5-percent loss on Tuesday.
The securities traded by the Financial Investment Companies
(SIF)declined 6 percent of their value on Wednesday, while the large
stocks making up the BET index lost more than 5 percent.
Financial stocks set off the decline, as the largest trade was
performed by banks and the ...