BET lost 129.58 points, or 2.04%, to end at 6,226.23, while composite index BET-C dropped 60.74 points, or 1.84%, to 3,244.08.
Fondul Proprietatea extended Monday’s losses and closed at 0.813 lei (EUR0.18), as investors mark their profits after a 58% rise in the fund’s stock so far this year supported by buyback programs launched by the fund manager.
BRD fell 4.4%, while OMV Petrom (SNP.RO) and Banca Transilvania (TLV.RO) closed down 1% and 0.8% respectively.
BET-FI, which tracks the main investment funds, was down 615.31 points, or 2.02%, to 29,898.39, as the regional investment funds (SIFs) followed the negative trend of Fondul Proprietatea. SIF Transilvania (SIF3.RO) dropped 2.4%, while SIF Oltenia (SIF5.RO) was down 1.6%.
Bucharest benchmark index BET-BK was down 1.42%, while BET-XT, which tracks the 25 most traded stocks in Bucharest, closed 1.9% lower. Energy sector index BET-NG was down 0.61%.
The bourse’s traded value reached RON57.4 million (EUR12.9 million), with Fondul Proprietatea contributing 60% of the share transfers.