SIFs Close Up 5.5% In Bucharest On Expectations Of Ownership Limit Increase

11.08.2011 By Andrei Circhelan

The five regional investment funds, or SIFs, closed up 5.5% in Bucharest as players moved on news that a Parliament committee has agreed to raising the maximum ownership limit to 5%, while the rest of the market was roughly flat on the day.

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