The Bucharest Stock Exchange’s composite index BET-C rose 0.25% on the day, to 3,247.98, but the 10-share blue-chip index BET fell 0.31% to 5,348.95.
BET index was mainly impacted by the decreases of bank stocks, although OMV Petrom (SNP.RO) stayed afloat in the day the government announced a minimum price in the secondary public offering underway.
The Romanian government set a minimum price of 0.3708 lei (EUR0.087) a share in a secondary offer through which it wants to sell 9.84% of Petrom. The minimum price is lower than Monday closing price. However, Petrom rose 0.29% Tuesday, to RON0.3821.
On the other hand, BRD-Groupe Societe Generale (BRD.RO) fell 1.07% to RON13.85, while Banca Transilvania shares dropped 1.03% to RON1.152.
BET-FI, the index tracking investment fund Fondul Proprietatea (FP.RO) and the five regional investment funds, or SIFs, rose 0.29% on the day, to 21,740.65, as the Proprietatea fund grew 0.2% to RON0.5125 and the SIFs grew an average 0.4%.
Wider blue-chip tracker BET-XT dipped 0.13% to 493.99, while the index tracking energy companies, BET-NG, rose 0.92% to 763.2.
Trades unfolded Tuesday on the Bucharest Stock Exchange amounted to RON24.14 million, with RON14.24 million coming from trades in the Proprietatea fund.
BRD was the second-top traded issuer, as its stock was involved in transactions worth a total RON1.95 million.
Other popular stock included Erste Group Bank (EBS.RO), which fell 1.41% to RON140, and BVB (BVB.RO), which dipped 0.11% to RON36.99. (EUR1=RON4.256)