At about 11:05 local time, the bourse’s BET index was 0.36% higher from Wednesday’s closing level, and general index BET-C was gaining 0.07%.
BET-FI, which tracks Fondul Proprietatea and five regional investment funds (SIFs), was up 0.6%. Proprietatea was trading up 1.41%, at 0.649 lei (EUR0.14) a share. Its shares hit the highest level, of RON0.675/unit, on January 25, 2011.
On Wednesday, Proprietatea said it might soon start a program to redeem a maximum of 8% of its shares. The shares will be redeemed for a minimum of RON0.2 and a maximum of RON1.5 a share. Considering the maximum price, the 8% stake is valued at RON1.651 billion.
The bourse’s overall traded value amounted to some 7.1 million lei (EUR1.6 million). Share trades contributed RON6.5 million and transactions with structural products about RON0.6 million. Proprietatea was top-traded issuer on the main market, with share trades worth RON5.6 million.
Bucharest benchmark index BET-BK was adding 0.41%, and extended blue-chip index BET-XT was 0.26% higher.
Energy stocks tracker BET-NG was climbing 0.22%. (EUR1=RON4.3887)