The limit ceiling was raised at 13:45 local time (GMT1045), and at 15:08 the bank’s shares were priced at 83 lei (EUR19.27), up 16.9% on the day.
Erste shares rose on the local market in sync with the increase registered on the Vienna bourse, the issuer’s main market. Erste market makers on BVB (BVB.RO) need to maintain the share price at levels similar to those in Vienna.
On the Austrian market, Erste shares rose 13.4% on the day, to EUR19.46. (EUR1=RON4.2984)