Bearish Romanian Stock Market
Yesterday the Romanian stock exchange market seems to get stabilized. After major corrections during last week, the SIFs has been stop from transactioning because they are translated into a new software. So my loss had stop for the moment. The SIFs has lost 15% in the last 2 weeks. Nobody could explain why. I think that the upcoming new tax on capital revenue could be an explanation. Also the fact that the SIFs almost doubled since 1st of January 2005. Anyway I brought more SIFs. I expect that they will recover until 15th of April.
To see how the Romanian Stock Exchange is doing, visit BVB.ro.