The Bucharest bourse’s general index BET-C rose 4.7% to 2,865.28, while blue-chip index BET closed at 4,678.71, up 4.6% from Thursday’s closing level. On Thursday, the Bucharest shares lost 0.6% on average, while BET fell 1.8%.
BET-FI, which tracks Fondul Proprietatea (FP.RO) and the five regional investment funds SIFs, increased 5.6% to 17.968.26.
Shares listed in Bucharest opened up and stayed significantly above the line throughout of the session, but the traded values were lower than in the previous sessions, when trading was more volatile. The overall turnover of 48.6 million lei (EUR11.4 million), was slightly more than half of Thursday’s total of RON89.9 million.
The extended blue chip-index BET-XT closed at 422.03, up 4.8% on the day, while energy stocks tracker BET-NG rose 4.85% to 650.64.
Proprietatea was the most traded issuer Friday, with its shares up 5.8% to RON0.4607, after trades worth RON19.3 million.
It was followed by BRD-Groupe Societe Generale (BRD.RO), whose shares rose 4.5% to RON11.5, on a traded value of RON4.4 million.
SIF Oltenia (SIF5.RO) recouped 5.6%, while SIF Moldova (SIF2.RO) rose 3.8% after heavy losses earlier in the week.
On the Rasdaq market, shares of edible oil producer Argus Constanta (UARG.RO) were again subject of special deals, with two stakes amounting to more than 2.5% of the company’s stock were traded for a total RON3.8 million. (EUR1=RON4.2784)