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Banks counterbalance previous declines on stock exchange


https://www.ipn.md/en/banks-counterbalance-previous-declines-on-stock-exchange-7966_980546.html

EVM Consulting is considering that things on the Moldovan stock exchange are starting to improve thanks to an upward trend showed by the most important banks, Info-Prim Neo reports. From the year's start, the stock prices of a number of banks counterbalanced to a certain degree the previous declines. In particular, Moldova-Agroindbank(MAIB)'s shares rose from 850 lei/share in November 2009 to 1,100 lei/share in February 2010. Victoriabank saw a rise to 170 lei/share in January, from 125 lei/share in November 2009. In the same period, Moldindconbank's stock rose in price from 375 lei/share to 395 lei/. Banca Sociala saw a rise from 100 lei/share to 160 lei/share on February 1. The trend on the banking segment is encouraging and EVM Consulting hopes it will spread on other segments of the stock exchange as well.