The Bucharest bourse opened slightly up and stayed in green territory in the first two hours of the session. Later, the market turned to red, despite positive evolutions on the international exchanges.
The Bucharest market’s BET closed at 4,638.9, down 0.73% on the day, while the composite index BET-C fell 0.6% to 2,630.87.
BET-FI dropped 0.26% to 19,996.2, as Fondul Proprietatea (FP.RO) turned to losses after risisng more than 1% in early trade. Proprietatea closed down 0.51%, at 0.49 lei (EUR0.11) a share, after trades worth a total RON1.1 million.
The investment fund was the only issuer that attracted some interest as it was the only stock traded for more than RON1 million in a very quiet session.
The turnover on the share market was of RON4.3 million (EUR0.96 million) the lowest since April 22, 2011, when most investors were already heading to the Easter holiday. The bourse’s overall traded value reached RON5.5 million (EUR1.2 million), helped by some transactions with structured products and bonds.
Among the five regional investment funds, or SIFs, SIF Banat-Crisana (SIF1.RO) and SIF Oltenia (SIF5.RO) were up 0.5% and 0.4% respectively. SIF Muntenia (SIF4.RO) fell 1.2%.
The extended blue-chip index BET-XT fell 0.53%, while the energy stocks tracker BET-NG declined 1.5%. Rompetrol Rafinare’s (RRC.RO) 6.7% fall had a big impact on BET-NG’s evolution. OMV Petrom (SNP.RO) closed down 0.5%, while Transgaz (TGN.RO) was flat on the day. (EUR1=RON4.4641)