Companies in the fields that performed well in the firstquarter, namely the pharmaceutical and oil and gas ones, did notlet investors down in the second quarter, either, posting bothturnover and profit increases.
The cumulated turnover of oil and gas companies on the StockExchange that have recently reported their figures in the first sixmonths went up by 12%, to 12.4bn RON (2.9bn euros), with profitsalso increasing, by 14%.
Analysts account for growth in this field by the rising oil pricesinternationally and say it has nothing to do with what is happeningin the economy.
Pharmaceutical companies further saw their profits soar overall,with incomes advancing by 68%, after turnovers went up by 21%, thestrongest increase among analysed fields.
Growth in these fields was above the average one posted byBucharest Stock Exchange issuers.
The cumulated sales of 71 listed companies in the first half wentup by 13% from a year ago, to 9.4bn RON (2.3bn euros), according toZF data.
"The data were good, but the economy is still under the pressure ofsome uncertainty. Domestic consumption is still the main problemand it's not sure whether it will be balanced by exports. (...),"says Mihai Iulian C`runtu, head of the Capital Market ResearchDepartment of BCR.
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