At around 11:05 am local time (GMT0805), the Bucharest Stock Exchange’s composite index BET-C was rising 1.2%, while the blue-chip index BET was up 0.95%.
Oltchim (OLT.RO) stock was rising almost 15%, the maximum allowed growth limit, thus returning to an upward trend after several sessions of recoil.
The BET-FI index, which tracks the five regional investment funds, or SIFs, and the Proprietatea fund, was up 1.86% on the day.
BET-XT, the index tracking the top 25 blue-chips, was up 1.22%, while energy companies tracker BET-NG was rising 0.73%.
Trades unfolded on the Bucharest Stock Exchange by 11:08 am amounted to 13.61 million lei (EUR3.3 million), fueled mostly by Proprietatea stock trades.
Popular stock early Wednesday included Fondul Proprietatea, Oltchim, the SIFs, Azomures (AZO.RO) and BRD-Groupe Societe Generale (BRD.RO). (EUR1=RON4.1208)