Romanian stocks powered higher on Tuesday following their plunge on Monday.
Bucharest stocks fell on the first trading day of the week as a slowdown in China’s economy stalled a world equity rally.
Romanian stocks closed in the green on the last trading day of the week.
Bucharest stocks closed higher on Thursday for a third consecutive trading session as the sell-off at the beginning of the week is losing momentum.
Romanian stocks rose on Wednesday in lower turnover. The benchmark BET index of the most traded 15 companies excepting the Financial Investment Companies (SIFs), added 0.24% to 7,077.10 points while the BET-TR index rose 0.24% to 10,437.72 points.
Bucharest stocks finished Tuesday's session in the green, following five days of losses as
Romanian stocks plummeted on Monday as concerns over 2019 tax increases hurt banks and energy companies.
Bucharest stocks sold off for the fourth day in a row on Friday as the World Bank’s latest Global Economic Prospects report revised downwards estimations for the economic growth rate of Romania (3.5 percent) this year.
Romanian stocks fell for the third consecutive trading session on Thursday.
Bucharest stocks fell on Wednesday despite positive signals that lifted risk appetite in world markets.