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Moldova-Agroindbank and Lafarge Ciment recorded massive decreases of stock price

20 08 2009 :: Lack of profit on Moldova Stock Exchange (MSE) during July

18 08 2009 :: Stock exchange capitalization has fallen by 464 million lei

10 08 2009 :: In the second quarter of this year the local banks felt a more pronounced recession

03 08 2009 :: Moldova-Agroindbank and Lafarge Ciment recorded massive decreases of stock price

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It looks like summery atmosphere influenced the stock exchange market as well, causing low turnover, few transactions, indexes falls etc. After the previous week the volume of transactions exceeded 2 million lei, in the last week of July it was just a bit over 885 thousand lei, accumulated in 11 transactions. EVM Composite index fell 0.1% and stop at 2132.2807 points.

On several transaction platform we could see stocks of the major companies in the national economy to fall down. The JSC Franzeluta's shares decreased by 7.5 lei, from 25.5 lei/share to 18 lei/share, i.e. almost 30%. On the same segment, shares issued by Apparel Factory "Ionel" lost 0.5 lei of price, so after 2 days of trading the price stabilized at 6.5 lei/share.

On voice auctions were some interesting transactions. Thus the price of shares issued by Moldova-Agroindbank collapsed dramatically, from 1 200 lei/share to 850 lei/share, i.e. almost 30%. In February the price of these securities were 1600 lei, and the end of Decembert 2008 - 2 000 lei/share. For the first time after a break of three years were traded shares issued by JSC Lafarge Cement, but the return on trading platforms, was marked by lowering the price by 35%, from 30.38 lei/share to 20 lei/share. If these 2 transactions would be run as buy and sale operations, then certainly EVM Composite stock index would fell seriously and negatively impacting other processes on the market.

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