The shares were traded at 1:44 p.m. (GMT10:44), at RON0.473/share, up 1.41% from Tuesday’s closing.
On Tuesday, a 0.73% stake in the fund was traded for RON46.7 million (EUR10 million), at RON0.467/share.
Two other deals with 0.19% in the fund were traded on Wednesday for RON12.5 million (EUR2.7 million).
End-June, around 43.5% of Fondul Proprietatea’s assets were listed equities, while 50.44% non-listed equities. Net cash and receivables stood at 6.02% of the net asset value.
Fondul Proprietatea was set up in 2005 to compensate Romanians whose properties were seized during communism.
The fund has a share capital of RON13.77 billion lei, split into 13.77 billion shares with a face value of RON1.
Foreign investors held 57.68% of the fund’s shares at the end of June, while residents had 40.52%. Fondul Proprietatea owns 1.79% of its own shares due for cancellation. (EUR1=RON4.6186)