The Bucharest market’s BET index closed up 0.98% from Friday closing level, lifted by bank stocks and OMV Petrom (SNP.RO). Banca Transilvania (TLV.RO) and BRD-Groupe Societe Generale (BRD.RO) increased 2.1% and 2.2% respectively, while Petrom gained 1.4%.
Composite index BET-C was up 0.78%, but BET-FI, which tracks Fondul Proprietatea (FP.RO) and the regional investment funds (SIFs), fell 1.05%. Proprietatea inched 0.3% lower, while four of the five SIFs recorded declines between 1.6% and 2%. Only SIF Muntenia (SIF4.RO) closed flat on the day.
Bucharest benchmark index BET-BK inched down 0.07%, while BET-XT was 0.41% higher. Energy stocks tracker BET-NG rose 0.3%.
Traded values were relatively reduced, as in previous sessions, with share transfers of 20.8 million lei (EUR4.7 million), of which half came from trades with only Proprietatea and Erste Group Bank (EBS.RO) stock. (EUR1=RON4.409)