Stock Exchange closes the week with Transilvania Bank selling 4 percent of SIF Banat Crisana to Romenergo

Autor: Claudiu.Padurean din 19 februarie 2012, Vizualizari: 1 395

Friday the Romanian markets started higher and stayed higher for the whole trading session. The main indexes closing in at +0,20% for BET and +1,14% for BET-FI.
The transaction values were lower compared with the previous transaction days, a sign that the market participants weren′t very impressed by the gains showed by other European markets.
The resignation of the German President Mr. Wulff failed to deliver any volatility to the markets with EUR/USD hovering around 1,3170 level and German DAX around 6.850. In US the Consumer Price Index came in line at +0,2 percent, signs that the inflation is still low and Chairman Ben Bernanke can keep the interest rates at low levels till late 2014 as he previously announced.
Because Monday the US markets are closed due to President′s Day, the Romanian market participants preferred to take an extended holiday up to Tuesday and also to wait and see the outcome of the Monday EU finance minister meeting in which the Greek situation is discussed again.
In other news Transilvania Bank (TLV) reported that it sold 4 percent of SIF Banat Crisana (SIF1) to Romenergo due to complying to CNVM disposition.
Over the week-end I′m expecting news coming from Greece to continue to make headlines as declarations from EU officials and political leaders differ into helping or not Greece avoiding a default.dle templates freefilm online
Sursa: This info is provided by Vasile Szakacs, Stock Market analyst and trader (www.consultantabursa.ro) More: http://www.thediplomat.ro/articol.php?id=2647" target=_blank rel="nofollow">http://www.thediplomat.ro/articol.php?id=2647

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