Influenced by foreign markets’ rises, the Bucharest Stock Exchange ended on a high note, but declines of BRD-Groupe Societe Generale (BRD.RO), OMV Petrom (SNP.RO) and Transgaz TGN.RO) braked the BET index’s advance to 0.97%, at 4,531.12.
BET’s rise was driven by climbs of investment fund Fondul Proprietatea (FP.RO) and Banca Transilvania (TLV.RO). Proprietatea shares closed up 3.51% to 0.4575 lei (EUR0.099), while Banca Transilvania shares gained 2.91% to RON1.06.
BRD shares fell 2.05% on the day, to RON10.97, Transgaz declined 1.06% to RON186 a share, while Petrom shares inched down 0.3% to RON0.295.
The bourse’s composite index BET-C rose 1.16% on the day, to 2,761.88, while BET-FI, which tracks the major investment funds, climbed 2.42%, to 17,811.3. BET-FI was mainly lifted by Proprietatea, but the regional investment funds (SIFs) were also posting solid gains, closing up 1.9% on average.
Wider blue-chip index BET-XT gained 1.18%, while the index tracking energy companies, BET-NG, ended up just 0.31%.
Trades unfolded on the Bucharest bourse Monday amounted to RON24.11 million, with RON15 million coming from transactions in today’s top 5 most traded issuers.
Fondul Proprietatea shares were involved in transactions worth a total RON8.19 million, while the shares of SIF Transilvania (SIF3.RO) traded for a total RON2.4 million. (EUR1=RON4.2611)