Net foreign investments on the Bucharest Stock Exchange amounted to $16.2 million in the first three months this year, compared with $24 million for the entire 2003. Ever since the beginning of the year, foreign investors have bought nearly $35 million's worth in shares on the BSE, while selling $19 million's worth. At least statistically, most of the shares bought by non-residents come from resident individuals, who have sold $14 million's worth more than they bought this year. One of the reasons is the sale of the shares distributed during the Mass Privatisation Programme, though brokers say they are getting fewer and fewer sell orders from "coupon investors" (the nickname of the people that got shares through the Mass Privatisation Programme based on coupons attesting their right to get shares). The rise in stock quotes on the Bucharest Stock Exchange has not lessened the appetite of the foreign investors for the Romanian capital market, with the net monthly investments increasing along with the stock quotes. ZF
Pentru alte știri, analize, articole și informații din business în timp real urmărește Ziarul Financiar pe WhatsApp Channels
