At around 10:30 local time (GMT0730), the Bucharest bourse’s BET index was down 0.62% from Tuesday’s closing level, with oil company OMV Petrom (SNP.RO) losing 0.05%. Lenders Banca Transilvania (TLV.RO) and BRD (BRD.RO) were falling 0.41% and 0.5%, respectively.
Composite index BET-C was losing 0.59% and Bucharest benchmark index BET-BK was 0.43% lower.
BET-FI, which tracks Fondul Proprietatea (FP.RO) and five regional investment funds (SIFs), inched up 0.06% with Proprietatea gaining 0.47% and SIF Transilvania (SIF3.RO) adding a mere 0.09%.
Energy stocks tracker BET-NG fell 2.26%, dragged down mainly by Transgaz, which dropped 7.5% after going ex-dividend. Transelectrica (TEL.RO) was trading down 0.08%.
The bourse’s overall traded value was scarce, at about 1.3 million lei (EUR0.3 million) at 10:30. Transgaz was top-traded issuers on the main market, with share transfers worth about RON1.2 million. (EUR1=RON4.5225)