At around 10:35 local time (GMT0835), the Bucharest market’s BET index was losing 2.23%, with Fondul Proprietatea (FP.RO) trading down 1.8% and Banca Transilvania (TLV.RO) falling 3.1%.

Composite index BET-C was down 1.83%, while extended blue-chip index BET-XT was declining 2.69%.

BET-FI, which tracks the main investment funds, was down a whopping 4.11%. SIF Transilvania (SIF3.RO) was down 7%, and SIF Muntenia (SIF4.RO) was losing 5.2%.

Bucharest benchmark index BET-BK was down 2.73%, while energy stocks tracker BET-NG was falling 1.88%.

The traded values were higher than in recent sessions, with share transfers worth of 5.3 million lei (EUR1.2 million) after the first 35 minutes. Fondul Proprietatea and SIF Transilvania were the most traded issuers, covering together about 60% of the total value. (EUR1=RON4.4995)