While most Bucharest Bourse indices closed in red Tuesday, BET-FI climbed 0.82% supported by the five regional investment funds (SIFs), which gained between 0.39% and 2.24%.
On the other hand, investment fund Fondul Proprietatea (FP.RO) lost 0.19%. The fund was top-traded issuer both by volume and value of traded shares and secured more than one third of the bourse’s liquidity, of 62 million lei (EUR14 million), through share transfers (RON19 million) and two special deals (RON4 million).
Investors were also interested in energy stocks. The shares of gas producer Romgaz (SNG.RO) were among the most coveted and trades amounted to RON14.2 million. Romgaz ended up 0.98%, at RON35.1 a unit.
The bourse’s main index BET moved down 31.92 points, or 0.51%, to 6,193.67, and the BET-C composite index fell 13.52 points, or 0.42%, to 3,237.3.
Bucharest benchmark index BET-BK added a mere 0.2%, while energy stocks tracker BET-NG fell 0.39%, dragged down by Transgaz (TGN.RO), which was down 0.76%, and Transelectrica (TEL.RO), which lost 0.55%. (EUR1=RON4.4438)