Bucharest Stock Exchange starts session in the red, with insignificant drops and growing liquidity

The Bucharest Stock Exchange (BSE) decreased around 0.86 percent on all indexes in today's opening session, on a growing liquidity.

Liquidity stood at 1.71 million lei (493,100 euros) today, up 54 percent versus the 1.11 million lei registered in the previous session.

The BET index measuring the ten best companies on BSE dipped 0.86 percent to 6,267.23 and the BET-C composite index tracking all listed shares minus investment funds lost 0.47 percent to 4,574.10.

The BET-FI index of the five financial companies known as SIFs slipped 0.32 percent to 35,832.69 and the ROTX index for trading blue-chips in Vienna dropped 0.72 percent to 14,710.67.

The BET-XT index of the 25 most liquid companies on the market fell 0.63 percent to 650.03 and the BET-NG index of the ten power companies on BSE dipped 0.62 percent to 847.87.

American bourses dropped significantly on closing. The Dow Jones composite index (DJIA) fell 1.93 percent to 11,431.40 and the S&P500 index of the best 500 companies on the bourse decreased 1.79 percent to 1,266.07. Nasdaq went down 0.95 percent to 2,355.73.

Fertilizer producer Azomures (AZO) was the most liquid stock today, with deals of 518,444 lei and climbed 1.7 percent to 0.895 lei. Shares of Amonil jumped 4.13 percent to 0.0781 lei.

Financial company SIF Oltenia (SIF5) gained 0.51 percent to 1.99 lei, SIF Transilvania (SIF3) cheapened 0.51 percent to 0.985 lei and SIF Moldova (SIF2) lost 1.14 percent to 1.73 lei.

Romania's largest oil company Petrom (SNP) slipped 0.42 percent to 0.476 lei and fifth lender by assets Banca Transilvania (TLV) decreased 1.22 percent to 0.325 lei.