Investors have reason to be optimistic: Stock Exchange gains 1.8% in first day

Autor: Adrian Cojocar 04.01.2011

The Stock Exchange started the year with rises for most shares in its first day. The BET index of the ten leading listed companies gained 1.86% and SIFs (financial investment companies) climbed 1.75%. Since 1998, it has been traditional that every time the BET rose in the first day of the year, it also ended the year on the rise. "The Stock Exchange started the year under good auspices. The listing of the Fund is an event, which will attract interest, and which I think is likely to drive this upward trend at least until March," believes Mihai Chi[u, broker at IFB Finwest. Analysts this year rely on shares, expecting a rise of around 17% of the BET index and of 30% for SIFs (financial investment companies).