Oltchim Ramnicu Valcea (OLT.RO) closed up 6.86%, shedding part of the 15% advance in early session. Oltchim’s rise was fueled by an announcement of Remus Vulpescu, head of privatization office OPSPI, that the institution wants to ask authorities not to convert into shares Oltchim’s debts to privatization authority AVAS.
The Bucharest bourse’s composite index BET-C gained 0.21% to 2,720.69, while blue chip index BET inched down 0.04%, to 4,856.76.
The BET-FI index, which tracks the five regional investment funds (SIFs) and Fondul Proprietatea, fell 0.18%. Proprietatea climbed 0.19%, to 0.5320 lei (EUR0.11) a share, and SIF Transilvania (SIF3.RO), rose 0.18%, but three SIFs ended in red.
The extended blue-chip index BET-XT saw a slight drop, of 0.05%, while benchmark index BET-BK added 0.55%.
Energy stocks tracker BET-NG ended up 0.06%, propped by OMV Petrom, which rose 0.78%, and Transelectrica (TEL.RO), with a 0.76% rise.
The bourse’s overall traded value stood at RON25.7 million (EUR5.7 million). Share trades amounted to RON23.6 million (EUR5.2 million), of which RON11 million came from a special deal with OMW Petrom shares.
Proprietatea was the top-traded issuer on the main market with share trades worth RON5.2 million. (EUR1=RON4.478)