According to sources cited by Ziarul Financiar, Raiffeisen Capital&Investment, the brokerage company of Raiffeisen group, as well as Czech brokerage company Wood&Company, were authorized by a client to sell a 0.4% in OMV Petrom.
“If the transaction is made with a discount, the ones to buy the shares could sell them immediately with a profit from the market price.” a broker said.
The Bucharest bourse’s BET index ended up 0.35% from Monday closing level, while composite index BET-C inched 0.17% higher.
BET-FI, which tracks the main investment funds, was 0.37% higher. Fondul Proprietatea (FP.RO) closed flat on the day, but the index was lifted by SIF Oltenia (SIF5.RO), which closed 1.1% higher, while SIF Transilvania (SIF3.RO) and SIF Moldova (SIF2.RO) were bith up 0.8%.
The bourse’s overall traded value stood at 10.87 million lei (EUR2.41 million), with share trades contributing some RON8.4 million (EUR1.86 million). On the main market, transactions with Petrom amounted to RON1.95 million, trades with Fondul Proprietatea totaled RON1.55 million, and Banca Transilvania (TLV.RO) added some RON1.49 million.
The benchmark index BET-BK was up 0.41%, while BET-XT was 0.44% higher on the day.
However, Petrom’s decrease dragged down energy stocks tracker BET-NG, which closed 0.5% lower. (EUR1=RON4.5089)