The Bucharest market’s BET index rose 1.37% to 4,362.66, while the composite index BET-C closed at 2,500.15, up 1.12% on the day.
BET-FI, the index tracking Fondul Proprietatea (FP.RO) and the regional investment funds (SIFs), increased 1.12% to 19,554.87. Proprietatea closed up 0.5% and SIF Oltenia (SIF5.RO) gained 3.8%, but SIF Transilvania (SIF3.RO) fell 0.66%.
The extended blue-chip index BET-XT rose 1.33%, while energy stocks tracker BET-NG was up 1.47%.
The bourse’s trading figures were higher than in the previous session, as share trades amounted to 22.7 million lei (EUR5 million), up 62% on the day. The turnover was largely fueled by deals with Erste Group Bank (EBS.RO) and Fondul Proprietatea, which accounted for almost 60% of the total value.
Erste closed up 1.3%, while Banca Transilvania (TLV.RO) ended 1% higher. Among the top ten most traded issuers in Bucharest Wednesday, only two were not in the financial sector. Azomures (AZO.RO) inched up 0.05%, but OMV Petrom (SNP.RO) gained a hefty 2.5%. (EUR1=RON4.4642)