Romanian regional investment fund SIF Oltenia (SIF5.RO) Wednesday sold its entire stake (28.77%) in Biofarm to SIF Muntenia (SIF4.RO) in a special deal worth 96.07 million lei (EUR21.6 million).
The 315 million shares were sold at a price of RON0.305/unit.
The main market’s top-traded issuers were Fondul Proprietatea (FP.RO), with share trades worth RON2.77 million, and Banca Transilvania (TLV.RO), with RON2.04 million.
The Bucharest market’s main index BET gained a mere 0.02%, helped by OMV Petrom (SNP.RO), which added 0.91%, and BRD (BRD.RO), with a 0.17% increase. On the other hand, Proprietatea and Banca Transilvania lost 0.38% and 0.66%, respectively.
Composite index BET-C closed down 0.2%.
BET-FI, which tracks Fondul Proprietatea and the five regional investment funds (SIFs), lost 0.1% and benchmark index BET-BK fell slightly.
Energy stocks tracker BET-NG was down a mere 0.04%. (EUR1=RON4.4378)