The Bucharest market’s BET index rose 1% to 4,672.89, while the composite index BET-C closed at 2,646.84, down 0.9% on the day.
BET-FI, however, went down 0.2%, despite Fondul Proprietatea’s (FP.RO) 1.2% advance. With the exception of SIF Moldova (SIF2.RO), which was flat on the day, the SIFs closed down, spearheaded by SIF Muntenia’s (SIF4.RO) 1.7% fall.
The extended blue-chip index BET-XT rose 0.5%, but the biggest gainer was BET-NG, the index that tracks the energy sector. BET-NG rose 2.3%, lifted by a 8.6% increase of Rompetrol Rafinare (RRC.RO). The other major constituents of the index, OMV Petrom (SNP.RO), Transgaz (TGN.RO) and Transelectrica (TEL.RO), closed in green as well. Petrom was up 0.6%, Transgaz gained 1.3%, while Transelectrica traded 0.3% higher.
The bourse’s overall traded value was even lower than in the past sessions, which were also quiet, at just 10.2 million lei (EUR2.3 million). The value of share trades amounted to just RON9.1 million, down 30% from RON12.9 million on Thursday.
Fondul Proprietatea accounted for a fifth of the total, while the only other issuer that generated a turnover of more than RON1 million was SIF Oltenia (SIF5.RO). (EUR1=RON4.4646)