* Analysts say the trend could continue in the short term, but they expect depreciations for the rest of the summer
After the market drop, the main indexes of the BSE gained considerably, posting figures which exceed the minimum thresholds reached in the beginning of the month. Financial rose the most and were the most liquid, due to volumes which were higher than in the first weeks of the month.
"Rising volumes could signify that investors are becoming more optimistic and starting to buy again, a situation which can persist for as long as foreign indexes remain in positive territory", said Nicu Grigoraş, broker with "Intercapital Invest".
According to analysts, the increases of the last two weeks come as fears that the economies of countries such as Spain and Greece could collapse.
Marius Pandele, the head of the research department of brokerage firm "Tradeville", explained: "There were several positive macroeconomic news published during this period, the Eurozone countries seem to have stabilized their situation, and negative news were absent most of the time. As a result, international investors were more willing to start buying again, which led to stocks rising and even to the successful sale of bonds by Spain, which would have been inconceivable two or three weeks ago. The Euro also recovered the losses it posted against the dollar these past few weeks".
The first signs of a slowdown in the downward trend appeared two weeks ago and were very obvious in the evolution of the markets during the last ten trading days.
Financials and banks ("BRD - Group Societe Generale", "Banca Transilvania") remained attractive to investors, being the most heavily traded.
Over the last two weeks, the five financial investment companies brought investors the highest returns over the last two weeks. Since the beginning of the month, the BET-F
